Breman and Ingves attend Riksdag Committee on Finance: The geopolitical uncertainty makes it more difficult to assess inflation

"Back when we presented our assessment of inflation prospects in our latest Monetary Policy Report on 10 February, we said that inflation was uncertain. Recent developments in Ukraine further reinforce that impression," said Mr Ingves. At the moment, inflation in Sweden is higher than the target, but according to the Riksbank's latest forecast from February, it is expected to fall back over the year. For inflation to be close to the target a little further ahead requires continued support from monetary policy. "But we are continually assessing how the Swedish economy is developing and how sustainable the higher inflation is and we will adjust our monetary policy if necessary," said Mr Ingves.

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