Swedish c.bank's Floden says Feb inflation outcome "very bad"

Kitco Media
By Reuters
Published:
Updated:
Reuters
STOCKHOLM, March 16 (Reuters) - Underlying inflation is far too high still, Riksbank Deputy Governor Martin Floden said on Thursday, with the most recent reading for February well above the central bank's forecast. "Core inflation, as we measure it ... is still traveling upwards," Floden said. "So it does not look particularly good. I think the inflation numbers we got yesterday (for February) were very bad." (Reporting by Simon Johnson; editing by Niklas Pollard)

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