Swedish inflation expectations edge up short term

Inflation expectations among key financial and business groups in Sweden have risen in recent months, a poll commissioned by the central bank showed on Wednesday. The survey of employee and employer organisations, purchasing managers and money market players, carried out by the research group TNS Prospera, showed headline inflation was seen at 1.7 per cent in 12 months and 2.0 per cent in two years. The outcome compares with the previous poll in June when inflation was seen at 1.5 per cent in 12 months' time and 2.0 per cent in two years. Money market players see the repo rate at 1.5 per cent in 12 months versus the 1.6 per cent seen in a separate survey published in August.