Sweden | Country Economic Forecast April

Sweden’s economy looks increasingly resilient to the latest round of activity 
restrictions. Despite stricter lockdown measures and a slow vaccine roll-out, 
Swedish consumers are starting to spend and businesses are ramping up
production. We now expect GDP to have risen in Q1, rather than contracting,
before a sharp acceleration in activity over the summer as vaccines become
widespread.

What you will learn:

  • Real household spending was up 2%, and we now see consumption rising.
  • Despite signs of firming demand, the jobs recovery is advancing more slowly.
  • Low inflation is set to boost real spending power.

Topics: Europe, Macro, Recovery, Nordic, Denmark

Why big fiscal deficits and low inflation can coexi (35)