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Sweden’s economic slowdown is over, employers say

sverigesradio.se · 2h · first reportShare

Sweden’s economic slowdown is over and growth is increasing, says the Confederation of Swedish Enterprise in a new business cycle report. The confederation's chief economist Sven-Olov Daunfeldt raises its GDP forecast to 2.9% (from 2.3%) and says Sweden's economy is growing faster than the rest of the EU and US. Daunfeldt says the Riksbank can afford to wait with raising interest rates, but does expect rate hikes later this year and next.