Sweden’s March inflation surprised lower; CPIF 1.6% versus 2.2% forecast, challenging Riksbank hawkish signals.
Sweden’s March flash inflation undershot forecasts, with CPIF at 1.6%, boosting chances Riksbank holds rates.
United States Redbook Index accelerated year-over-year to 7.6% on April 3, up from 6.9% previously.
US durable goods orders dropped 1.4% in February, led by transportation; ex-transport rose 0.8%, dollar steady.
RBNZ expected to hold OCR at 2.25%, while trimming growth outlook amid elevated inflation and stagflation risks.
US durable goods orders excluding transportation rose 0.8% in February, beating forecasts for a 0.5% increase.
US durable goods orders excluding defence dropped 1.2% in February, reversing January’s 0.5% increase.
U.S. durable goods orders excluding transportation increased 0.8% in February, beating the 0.5% forecast.
US durable goods orders excluding defence declined 1.2% in February, reversing January’s 0.5% gain.
US durable goods orders dropped 1.4% in February, missing forecasts of a 0.5% decline, signaling softer demand.
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