Länsförsäkringar Bank: Year-end Report 2023
” We can summarise a year in which the final quarter was dominated by positive sentiment in the financial markets, at the same time as numerous underlying factors continued to show clear signs of a recession. Inflation in Sweden is declining and the Riksbank’s fiscal austerity should start to ease moving forward. Meanwhile, GDP has fallen and unemployment has risen slightly, which contributed to continuing uncertainty. Added to this, we have growing geopolitical instability and an ongoing threat to the climate, which means it is easy to understand that households and companies are uncertain