Macro - Country Economic Forecasts - Sweden
We've kept our 2024 GDP growth forecast for Sweden largely unchanged at 0.8%. The latest Q2 GDP estimate was revised up, as we had expected. Although activity has been slow to gain momentum, we expect it will pick up pace in the next few quarters as households real income gains, easing financial conditions, and improved domestic and external demand expectations support growth. We've cut our growth forecast for 2025 by 0.2ppts to 2.2%.
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