SEB: Summer optimism in Sweden reversed
October 17, 2012
A slowdown but no recession continues to be the main scenario for the Swedish economy, SEB’s economists say in a research note. Slightly expansionary fiscal policy and low interest rates will sustain growth, while strong real income growth and lower mortgage rates will help household consumption. Still, GDP growth is now expected to be only marginally above zero in the second half of 2012. Forecasts for 2013 and 2014 are unchanged at 1.5 per cent and 2.5 per cent respectively.
You can find the full text of research note in a corresponding section of EU.Cbonds.
Company — Sweden
Full nameThe Kingdom of Sweden