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Macro - Country Economic Forecasts - Sweden

Publisher Oxford Economics
Published Oct 17, 2022
Length 9 Pages
SKU # OFE17475111

Description

Macro - Country Economic Forecasts - Sweden

We have lowered our 2023 GDP forecast for Sweden by 0.9ppts to a 0.1% contraction, amid more front-loaded monetary policy tightening and signs of a broad-based weakening in activity. Inflation continues to rise and underlying pressures are intensifying, the housing market is undergoing a major correction, and consumer confidence is at record lows. The labour market has provided important support but will soften as well.

Table of Contents

9 Pages
Sweden: Growth in 2023 revised down amid broad-based downturn
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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