Damberg: "It can get tougher to live"

Mikael Damberg thinks that KI paints a realistic picture of Sweden's economic reality.

- I have said before that we are heading for tougher times and that is what KI confirms.

Slightly higher growth this year, but worse growth conditions next year, as well as continued rather high inflation, which hits many households and makes it harder to live, he says.

"Important with serious budgetary interests"

Due to unpredictable gas deliveries from Russia and worried households, it is "important to have serious budgetary interests and not to be careless with the public finances", says Damberg.

- It is important that in this situation we are not irresponsible in economic policy.

Because when parties make wide-ranging promises about everything, we risk driving up inflation, increasing interest rates further, and Swedish households find it more difficult.

Now you have to dare to prioritize.

Hear Damberg tell more about the impending recession in the clip above.