Sweden CPI YoY in 2015
Sweden CPI YoY opened 2015 at -0.21% and closed at 0.05%, a +124.79% move for the year. The high of 0.16% was reached on March 1, and the low of -0.44% on June 1.
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | -0.21% | -0.21% | -0.21% | -0.21% | +0.00% |
| Feb | 0.07% | 0.07% | 0.07% | 0.07% | +0.00% |
| Mar | 0.16% | 0.16% | 0.16% | 0.16% | +0.00% |
| Apr | -0.23% | -0.23% | -0.23% | -0.23% | +0.00% |
| May | 0.06% | 0.06% | 0.06% | 0.06% | +0.00% |
| Jun | -0.44% | -0.44% | -0.44% | -0.44% | +0.00% |
| Jul | -0.08% | -0.08% | -0.08% | -0.08% | +0.00% |
| Aug | -0.17% | -0.17% | -0.17% | -0.17% | +0.00% |
| Sep | 0.07% | 0.07% | 0.07% | 0.07% | +0.00% |
| Oct | 0.09% | 0.09% | 0.09% | 0.09% | +0.00% |
| Nov | 0.06% | 0.06% | 0.06% | 0.06% | +0.00% |
| Dec | 0.05% | 0.05% | 0.05% | 0.05% | +0.00% |
Events During 2015
The PBoC devalued the yuan by 1.9% in a single day on August 11, 2015, the first meaningful devaluation since 1994. Global risk assets convulsed.
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
The Swiss National Bank abandoned its 1.20 EUR/CHF floor on January 15, 2015. The franc immediately surged 30%, blowing up retail FX brokers and exposing the fragility of exchange rate commitments.
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