The Swedish central bank sees good conditions for inflation to continue falling, but must not underestimate the risk of setbacks, Riksbank Deputy Governor Anna Breman said on Monday.

"Inflation is moving in the right direction, but we are not out of the woods yet," Breman was quoted as saying in a summary of her speech released by the Riksbank. (Reporting by Terje Solsvik, editing by Anna Ringstrom)