Research Briefing | May 21, 2021

Sweden | Country Economic Forecast May

Ipad Frame (2)-May-24-2021-02-49-11-64-PM

The Swedish economy grew by 1.1% in Q1 according to the flash estimate, the best performance in western Europe. Monthly indicators show that this was driven by household consumption, which rose 3.1% q/q, and private sector output, up by 1.4%.

What you will learn:

  • Flash Q1 GDP surprised on the upside
  • We have raised our forecast for 2021 to 3.7%, driven by consumer spending
  • The crisis brought a major fiscal response that will continue in 2021 and 2022

Back to Resource Hub

Related Services

Post

Easing financial conditions offer CRE some respite

Our measure of financial conditions has become less restrictive in the US and started to loosen in the eurozone and the UK, reflecting investors' expectations that interest rates have peaked. This should aid the outlook for commercial real estate (CRE) on the margins, although the scale of past rate hikes, sluggish economies, and structural headwinds mean the sector still confronts challenging fundamentals.

Find Out More

Post

Eurozone key themes 2024 – A fragile recovery will gain impulse

After a year of stagnating activity, the eurozone economy will continue to struggle to gain traction in the near term given multiple headwinds. But we expect a gradual recovery in 2024 that will gather momentum as consumers regain some of their lost purchasing power and financial conditions ease.

Find Out More