At a press conference today, Minister of Finance Mikael Damberg (S) presented the Ministry of Finance's latest forecast for macroeconomic development and public finances.

The Swedish economy is expected to grow by 3.1 percent this year, which is a downward revision of 0.3 percentage points compared with the previous forecast.

This is because Russia's invasion of Ukraine has consequences for economic development, the government writes on its website.

- The war is reflected in a concern for economic development, both among households and companies, says Damberg during the press conference.