Weaker than Reuter’s median forecast of flat.
Riksbank’s Ingves speaking at parliamentary committee in Stockholm
- Sweden sentiment has been hit by euro crisis
- Doesn’t see current downturn as deep as in financial crisis
- Sweden has seen notable fall off in exports
- Sees positive signs on financial markets
- US seems to be moving towards greater stability
- Sees slightly stronger krona ahead
- Key rate likely low for a period ahead
- Sweden rates still largely track repo rate