Research Briefing | Sep 17, 2021

Sweden | The Swedish economy is undergoing a broad-based recovery

Ipad Frame-Sweden-The-Swedish-economy-is-undergoing-a-broad-based-recovery

Growth was confirmed at 0.9% in Q2, driven by domestic demand while net exports were a drag. The monthly GDP series points to positive momentum between May-July, which should translate into a strong performance in Q3.

What you will learn:

  • Our 2021 and 2022 GDP growth forecasts are unchanged at 4.2% and 3.0% respectively.
  • Main downside risk posed by the spread of the highly infectious Delta variant and persistent supply-chain bottlenecks in industry.
  • Mobility indicators have recently flatlined, although retail and recreation is above pre-pandemic levels.

Back to Resource Hub

Related Services

Seoul, South Korea

Post

BoK’s monetary policy to tighten even as hiking cycle ends

Even without rate hikes, central banks' monetary policies can effectively tighten if the nominal neutral rate falls below the policy rate. We expect this will be the case for the Bank of Korea this year, as the gap between the policy rate and the nominal neutral rate widens.

Find Out More

Post

China: Emerging green shoots in Spring, but not out of the woods

We now incorporate a faster recovery from the post-Covid exit wave and raise our 2023 full-year GDP growth forecast to 4.5% (from 4.2% previously).

Find Out More