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Macro - Country Economic Forecasts - Sweden

Publisher Oxford Economics
Published Apr 19, 2022
Length 9 Pages
SKU # OFE17108428

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.

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
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