Sweden | Country Economic Forecast April
Sweden’s economy looks increasingly resilient to the latest round of activity
restrictions. Despite stricter lockdown measures and a slow vaccine roll-out,
Swedish consumers are starting to spend and businesses are ramping up
production. We now expect GDP to have risen in Q1, rather than contracting,
before a sharp acceleration in activity over the summer as vaccines become
widespread.
What you will learn:
- Real household spending was up 2%, and we now see consumption rising.
- Despite signs of firming demand, the jobs recovery is advancing more slowly.
- Low inflation is set to boost real spending power.
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