Riksbank First Deputy Governor Kerstin af Jochnick said on Thursday that recent wage statistics were higher than expected. Her comments came after the National Mediation Office (Medlingsinstitutet) reported a year-on-year increase in wages of 2.9 per cent in March. In February the increase had been 2.6 per cent.
The weak krona will have an impact on inflation, said Af Jochnick, who believes that there is a risk that developments in Italy and trade conflicts will affect economic growth.
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