Sweden: Q4 GDP likely to come in at 1.0% - TDS

Analysts at TDS are in line with the Riksbank and consensus in looking for Sweden’s Q4 GDP to come in at 1.0% q/q in for Q4.

Key Quotes

“This shouldn’t have much impact on Riksbank policy as right now it’s still all about inflation, so CPI misses would have a much larger market impact than GDP misses. We also get the January retail sales at the same time (we’re a tenth below consensus in looking for a 0.2% m/m gain), and Riksbank Governor Ingves is giving a speech at 4pm GMT.”