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Sweden’s economy is showing signs of improvement, according to a latest forecast from SBAB. A key driver of the upturn is increased household consumption.
The bank now projects a slightly higher GDP growth rate of 2.8 percent for this year and 2.5 percent in 2027, compared to its previous forecast. This revision reflects growing optimism about the country’s economic trajectory.
“The increase in GDP is primarily driven by increased household consumption and increased investment in the business sector,” SBAB stated.
The bank anticipates inflation will remain below target both this year and next.
