Swedbank Economic Outlook: Strong recovery draws closer
The Swedish economy remains weak, but the recovery is near, and in 2025 growth will pick up speed. Inflation is below the target of 2 per cent, and as a result the Riksbank will need to increase both the speed and frequency of policy rate cuts. Fiscal policy will also shift, taking a more expansive turn in the coming years, according to Swedbank Economic Outlook.“The driving forces for the Swedish economy are shifting. Household incomes are now rising faster than prices, which is strengthening household purchasing power. We expect high consumption growth from the beginning of next year,