STOCKHOLM, Feb 21 (Reuters) - A pick up in underlying
inflation in January was a "worrying" sign for the Riksbank, but
it is too early to say what effect it will have on monetary
policy, Riksbank Deputy Governor Martin Floden said on Tuesday.
"It was a lot to do with services, and there demand is still
quite strong, consumption remains quite high in some sectors,
which shows the need for a continued tight monetary policy,"
Floden told reporters. "But there is a lot that will happen
before the next decision."
(Reporting by Simon Johnson; editing by Niklas Pollard)
Messaging: simon.c.johnson.reuters.com@reuters.net))
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