More rate cuts are needed
Swedish economy is still struggling. Household consumption is decreasing, shows new statistics. The development emphasizes that more interest rate cuts are needed, says Torbjörn Isaksson, chief analyst at Nordea.
BusinessSwedish economy is still struggling. Household consumption is decreasing, shows new statistics. The development emphasizes that more interest rate cuts are needed, says Torbjörn Isaksson, chief analyst at Nordea.
BusinessThe Stockholm stock exchange fell on Tuesday, as did the stock exchange in the USA the day before. The broad OMXS index in Stockholm lost 0.7 percent.
BusinessIt is not only school students who are tested in Pisa and other international knowledge assessments. It is also done a kind of Pisa for adults. Today, we will find out how competent adults in Sweden are in relation to other countries.
SwedenDespite the inflation hike – The Central Bank will lower the interest rate in a couple of weeks. This is the major banks' assessment. This is nothing that makes The Central Bank nervous, says Johan Löf, forecasting officer at Handelsbanken.
BusinessThe Stockholm Stock Exchange turns upwards on a weak plus after a hesitant start. It became the seventh trading day in a row on plus.
BusinessShorter working hours have sailed up as a hot issue. New statistics show that half a million Swedes, or every tenth employee, want to work less. But many also want to work more.
BusinessInflation is expected to rise again when the figures for November are reported this week. Once again, households must prepare for more expensive food. I think it looks quite negative. The signals in recent times are that food prices are being pushed up, says Carl Nilsson, economist at Swedbank.
BusinessMore in Statistiska centralbyrån
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