on with pre-crisis —Sweden Norway Canada - Ausualia —UK 100% 2001 2003 2006 2007 2009 2011 2013 2.016 2017 Arnett (*slid* *setsv Amax LI 1 Figure 4: Strong services inflation ex-package holidays to drive hawkish Riksbank re-assessment 20062016 30% eraser 25% 20% 15% 10% tan