Sweden’s government has revised its economic growth forecast for this year downward for the second time in three months. The adjustment reflects a weaker outlook for consumer spending and potential risks associated with U.S. trade policies. Over recent months, expectations of a robust recovery in the largest Nordic economy have diminished, primarily due to geopolitical uncertainties. This prompted the Riksbank to reintroduce monetary easing measures last week.
— news from Bloomberg
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Sweden Cuts 2025 Growth Forecast in Half as Recovery Stalls
Sweden’s government lowered this year’s economic growth forecast for the second time in three months, citing a weaker outlook for consumption and risks linked to U.S. trade policy. n nIn the past months, hopes of a clearer rebound in the largest Nordic economy from a soft patch in the last three years have fizzled out, largely due to geopolitical concerns, prompting the Riksbank to return to monetary easing last week.