Country Economic Forecasts - Sweden
Following a very strong first half of the year, we have raised our 2018 GDP growth forecast to 2.9% from 2.7% previously. The inconclusive general election result is unlikely to weigh on the economy, which is still in a strong position. Underlying inflation remains weak relative to the Riksbank’s forecasts, so we now expect the first interest rate hike to be delayed until February and have reduced the pace at which the krona appreciates against the euro.
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