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Date: 14-may-2025 | By: Nuztrend Team
In response to mounting global trade tensions and economic uncertainties, the Swedish government has revised its GDP growth forecasts for the upcoming years. Finance Minister Elisabeth Svantesson announced that the economy is now expected to grow by 1.8% in 2025 and 2.3% in 2026, down from previous projections of 2.1% and 2.8%, respectively. The 2024 GDP growth stood at 1.0%.
The adjustment in forecasts is attributed to several international factors:
Despite the challenges, Finance Minister Svantesson emphasized Sweden's strong public finances, indicating readiness to support the economy further if necessary. The government is focusing on growth-oriented policies, including infrastructure investments and tax cuts, to bolster economic resilience.
Sweden's central bank has maintained its key interest rate but signaled potential future easing if growth slows and inflation remains moderate. This approach aims to balance economic stimulation with inflation control.
While the revised forecasts present a more cautious economic outlook, Sweden's proactive measures and fiscal strength position it to navigate the uncertainties ahead. Continuous monitoring of global trade developments and domestic economic indicators will be crucial in the coming months.
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