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BREAKING

BREAKING: Two injured in shooting at Malmö shopping centre

A man and a woman have been injured in a shooting at the Emporia shopping centre in Malmö, police reported on Friday evening.

Published: 19 August 2022 18:25 CEST
BREAKING: Two injured in shooting at Malmö shopping centre
Two people have been injured in a shooting in Emporia shopping centre, Malmö. Photo: Johan Nilsson/TT
Shortly after 5pm, police received reports of multiple shots being fired within the shopping centre, which is one of the biggest in Scandinavia. 
“Two people are injured, it’s unclear how seriously,” police press spokesperson Evelina Olsson told the TT newswire. Local health services confirmed shortly afterwards that one of the two, it was unclear which one, were seriously injured.

Police have already arrested the suspected perpetrator, they said, adding that the shooting was linked to Malmö’s gangs. 

By 6pm, there were still people in the shopping centre, but according to police, the situation was no longer dangerous.

Police are currently interviewing any witnesses who can describe how the shootings took place.

“We’re on the scene with a large amount of resources but there is not an active situation,” Olsson said. “We’re now trying to get an impression of what happened and collect everyone together who might have witnessed this in different ways.”

“People have also taken shelter and locked themselves in to various shops, and we need to deal with that.”
Police have closed roads around the shopping centre and stopped all train traffic through the nearby Hyllie station. 

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ECONOMY

Swedish inflation drops below 4 percent for first time in two years

Sweden's consumer price index fell to 3.9 percent in April, reinforcing predictions that the central bank will keep lowering interest rates this year.

Published: 15 May 2024 09:25 CEST
Swedish inflation drops below 4 percent for first time in two years

The yearly inflation rate according to the consumer price index (CPI) was down from 4.1 percent in March, according to number crunchers Statistics Sweden.

Experts had predicted an inflation rate of 4.0 percent, according to Bloomberg.

“The effect of increasing interest rates for household’s mortgages is easing, which can explain the decreasing inflation rate in April,” Statistics Sweden analyst Carl Mårtensson said in a statement.

Inflation measured instead according to the CPIF metric – the consumer price index with interest rate fluctuations taken out of the equation – meanwhile rose slightly from 2.2 to 2.3 percent.

However, that still beats expectations, which had predicted CPIF inflation of 2.4 percent.

YOUR SWEDISH MONEY:

That puts it slightly above the Riksbank’s inflation target of two percent, and experts predicted that Wednesday’s inflation news strengthened the likelihood that the bank will cut interest rates further.

The Riksbank last week slashed Sweden’s so-called policy rate for the first time in eight years.

The policy rate is the central bank’s main monetary policy tool. It decides which rates Swedish banks can deposit in and borrow money from the Riksbank, which in turn affects the banks’ own interest rates on savings, loans and mortgages.

If bank interest rates are high, it’s expensive to borrow money, which means people spend less and as a result inflation drops.

But now that inflation appears to be holding relatively steady around the two percent target, it means that the bank might be able to start lowering the policy rate yet again.

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