Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Macroeconomics

<ul><li>Ahead of a couple of big inflation weeks, we look into the details of the UK, Swedish, and Norwegian CPI here.</li><li>Despite some signs of rapidly rising electricity prices, the overall picture will likely look soft and especially recreation and culture prices have the potential to surprise markedly on the downside.</li><li>Conclusions up front:– The UK CPI is likely to look very soft.</li></ul>

Ahead of a couple of big inflation weeks, we look into the details of the UK, Swedish, and Norwegian CPI here.Despite some signs of rapidly rising electricity prices, the overall picture will likely look soft and especially recreation and culture prices have the potential to surprise markedly on the downside.Conclusions up front:– The UK CPI is likely to look very soft.

Inflation Watch: Another Deflation Shocker from Europe? UK, Sweden and Norway Are Under the Loop!