SEB raises Swedish GDP growth forecast to 2.7 percent

Published:

SEB raises Swedish GDP growth forecast to 2.7 percent
Photo: Anders Wiklund/TT

For 2027 and 2028, they expect growth of 2.9 percent and 2.0 percent, respectively.

The forecast includes two increases in the Swedish Central Bank's policy rate, in March and September next year, from today's 1.75 to 2.25 percent.

"Uncertainty is high, but both growth and markets continue to show resilience and great adaptability. The oil price rise is limited, thanks to new transport routes, among other things," SEB writes in a press release.

Among Swedbank's economists, the outlook is less bright, and the Swedish Central Bank is expected to start raising the key interest rate this year, continuing up to 2.25 percent in 2027.

"The recovery in the Swedish economy is ongoing and growth is expected to amount to around 2 percent per year in 2026–2028. Rising inflation means that the Swedish Central Bank will begin to normalize monetary policy at the end of the year," Swedbank writes in a report.

Loading related articles...

Tags

Author

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

Keep reading

Loading related posts...