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Article: SWEDEN: Surveys, forecasts and hard data all point to still buoyant economy; inflation jumped to 1.1% in March, consensus still expects June rate rise
- Article from:
- Oxford Economic Country Briefings
- Article date:
- April 25, 2006
- Author:
CopyrightCopyright Oxford Economic Forecasting Apr 25, 2006. Provided by ProQuest LLC. (Hide copyright information)
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Recent weeks have been full of survey-based data rather than hard official statistics, and the forward-looking and relentlessly cheerful nature of the surveys makes it virtually impossible to have anything other than an optimistic view of the economy over the next 12-18 months. Even the official statistics - on industrial output, unemployment, retail sales and inflation - were upbeat and although the government was always going to put a positive spin on economic affairs ahead of this year's election, for which it is currently lagging in the polls, it is difficult to disagree with its forecast of 3.7% GDP growth for 2006. With activity buoyant and inflation up to 1.1% in March, the consensus ...
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Article: Although retail sales are still growing quite ...
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...Although retail sales are still growing quite ... latest month for which official statistics are available, the volume of retail sales increased by 0.6% on ... average weekly value of retail sales in August was pound sterling4 ...
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