Teller Report

Now you can see non-English news...

KI: The boom is over

2019-10-23T07:51:51.954Z

The boom is over and the Swedish economy is in a slowdown. This is forecast by the National Institute of Economic Research (KI) in its latest forecast.



The National Institute of Economic Research believes that international trade conflicts and the uncertainty surrounding Brexit are weighing on the global economy, and that it is affecting Swedish exports.

A significantly lower inflation rate as well as increased unemployment make the economic climate tough. The Riksbank is therefore not expected to be able to raise interest rates until 2022, KI writes.

KI expects unemployment to rise to 7.1 percent in 2020, and believes that GDP growth will slow down and will be 0.8 percent in 2020.

Source: svt

You may like

News/Politics 2019-09-05T04:01:24.913Z
News/Politics 2019-10-23T07:51:51.954Z
Life/Entertain 2019-08-02T09:51:35.815Z
News/Politics 2019-10-17T18:49:20.249Z

Trends 24h

News/Politics 2019-11-19T09:41:01.720Z
News/Politics 2019-11-19T22:28:39.250Z

Latest

© Communities 2019 - Privacy