Sveriges Riksbank Inflation Report, No.3, 2003

Sweden's central bank, the Sveriges Riksbank, has published its Third Inflation Report for 2003. All in all, the Riksbank's assessment is that there is a risk that international economic activity will lead to lower inflation than in the main scenario. However, the downside risk is now somewhat smaller than assumed in the June Inflation Report.

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Summary

It was observed in the June Inflation Report that the generally weak level of activity in the world economy would have a

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