Handelsbanken: Sunrise or a false dawn?
Following the worldwide slump in growth last year, we are now seeing green shoots of optimism. Nonetheless, Handelsbanken explains in a new macroeconomic forecast that it expects weak growth the Swedish economy, with unemployment set to rise. “Households and enterprises can count on low interest rates going forward,” says the Bank’s Chief Economist, Christina Nyman.Growth in Sweden increased merely by around 1% last year, due to less housing being built and the weakening of the global economy. Forward-looking indicators in Sweden do not yet signal any reversal of this trend, and the Bank’