Swedbank Economic Outlook: Autumn darkness surrounds the recovery – but there is scope for growth
The outlook for economic recovery has worsened during the autumn. The increasing spread of the coronavirus is causing a slowdown in the economy. The recovery has been uneven, and many sectors continue to struggle. However, Sweden’s public finances remain strong, which means that continued expansionary fiscal policy and structural reforms are possible, according to the latest Swedbank Economic Outlook.The COVID-19 pandemic continues to determine the course of economic development. Despite a strong recovery during the summer, global GDP is expected to decline by 4 per cent this year. Against