Handelsbanken's currency forecast suggests the euro and US dollar could weaken against the Swedish krona by summer 2027, potentially making holidays abroad somewhat cheaper for people spending kronor. The forecast is conditional, not a promise.
BusinessThe European Central Bank (ECB) is raising its key interest rate by 0.25 percentage points, as expected, and is keeping the door open for more hikes. The ECB's economists are raising their inflation forecast for the next two years.
BusinessSweden is one of the countries that invests the least in culture in the Nordic countries. But it's not just money that matters - political ambition also has an impact. One gets the impression that Sweden is stagnating and that Norway is thriving, says cultural researcher Ola K Berge.
EntertainmentEurozone inflation rose to 3.3 percent in August. This is the highest rate in three years, and another interest rate hike is now expected next week.
BusinessHeat and drought are once again hitting large parts of Europe hard. But this time, olive growers have not been hit as hard as a few years ago. "We are seeing the beginning of a new era," says researcher and analyst Juan Vilar.
BusinessRetail sales in the eurozone rose by 0.2 percent in May compared with the previous month, according to monthly statistics from the statistical office Eurostat.
BusinessEurozone inflation fell to 2.8 percent in June, according to preliminary figures. This compares with 3.2 percent in May.
BusinessRetail sales decreased by 0.4 percent in April compared to March, figures from Eurostat show.
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