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• The Riksbanks projections tends to, on average, to be more accurate than the autoregressive forecasts in the shorter run, which then reverses after eight months.
• The Riksbank projections are also in all but three cases biased, whereas no auto.arima forecasts shows biased tendencies.
• The autoregressive forecast suffers from biased tendencies on all but three accounts, which also is the case with the Riksbank Projections
• Only two horizons of forecasts passes the Diebold-Mariano test at the weaker 10% significance level, a somewhat troubling result(?)
• The auto.arima forecasts are somewhat consistent in the performance relative to that of the autoregressive forecasts, which may be seen by the volatility of the ratios
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