Swedish entrepreneurs worried about the
Photo: Anders Wiklund/TT

Swedish entrepreneurs worried about the Iran war

Slower recovery, higher fuel costs and rising inflation. These are what Swedish entrepreneurs are worried about because of the war in the Middle East.

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A survey by the organization Företagarna shows that 45 percent of 1,070 respondents are worried about inflation and 42 percent believe that their company will be negatively affected.

Of those who expect higher inflation, 56 percent say energy and fuel costs will be hit hardest. 40 percent point to higher purchasing costs for goods and materials.

"If costs start to skyrocket, the government must be prepared to roll up its sleeves and lower costs for the country's entrepreneurs," says Magnus Demervall, CEO of Företagarna, in a statement.

Furthermore, 58 percent believe that the economic recovery in Sweden will be delayed by the war.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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