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Macro - Country Economic Forecasts - Sweden

Publisher Oxford Economics
Published Mar 21, 2022
Length 9 Pages
SKU # OFE17050044

Description

Macro - Country Economic Forecasts - Sweden

We have lowered Sweden's growth for this year to 3.1% from 3.6% previously due to the fallout from Russia's invasion of Ukraine. The main channel will be from higher inflation, weighing on disposable incomes and private consumption. Input shortages, which had been easing until the invasion, are likely to worsen again, although Swedish trade with Russia and Ukraine had been minimal. The outlook is subject to significant uncertainty, with downside risks dominating.

Table of Contents

9 Pages
Sweden: Fallout from Russia's invasion of Ukraine to be limited
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics
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