In remarks in Visby, Sveriges Riksbank Governor Erik Thedéen said Sweden’s economic recovery is on firmer ground, with recent gross domestic product figures and the Economic Tendency Survey reinforcing the assessment he made at the August monetary policy meeting. He reiterated that inflation exceeded the Riksbank’s June forecast during the summer but showed no clear signs of a lasting, broad-based increase. Thedéen said supply shocks created uncertainty over consumer prices and warranted continued vigilance. However, spare capacity in the labor market could allow growth to strengthen without significantly increasing near-term inflationary pressure. The Riksbank will assess the latest economic and inflation data at its next monetary policy meeting in Gothenburg in three weeks.