Finance Minister Elisabeth Svantesson not worried about inflation

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Finance Minister Elisabeth Svantesson not worried about inflation
Photo: Henrik Montgomery/TT

What is happening now affects the global economy and it obviously affects Sweden. There are risks that growth will have to be revised down, she tells journalists in the Riksdag.

However, she does not see a risk of much higher inflation.

I'm not worried about inflation; I don't think it will go much higher, she says.

However, she worries that the crisis will cause households to hold back on spending.

I'm afraid many people think it will be like 2022.

According to Svantesson, however, there are major differences compared with 2022, when the pandemic severely disrupted global supply chains and the war in Ukraine led to an energy crisis.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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