
Macro - Country Economic Forecasts - Sweden
Description
Macro - Country Economic Forecasts - Sweden
We have lowered Sweden's growth outlook for this year to 2.8% from 3.1% amid weak Q1 data. The main headwind continues to be high inflation, eroding real disposable incomes and private consumption. Input shortages had been easing until Russia's invasion of Ukraine but have worsened, although Swedish bilateral trade with Russia is small, as is its energy dependence on the country. The outlook is subject to significant uncertainty, with downside risks dominating.
We have lowered Sweden's growth outlook for this year to 2.8% from 3.1% amid weak Q1 data. The main headwind continues to be high inflation, eroding real disposable incomes and private consumption. Input shortages had been easing until Russia's invasion of Ukraine but have worsened, although Swedish bilateral trade with Russia is small, as is its energy dependence on the country. The outlook is subject to significant uncertainty, with downside risks dominating.
Table of Contents
9 Pages
- Sweden: Weak start to 2022 lowers our full-year growth forecast
- 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
Pricing
Currency Rates
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