FOREX TradingCharts.com

Financial News: Swedish Govt Lifts 2018 Growth Outlook

Swedish Govt Lifts 2018 Growth Outlook

12/19/2017 - 07:11:00 (RTTNews)

(RTTNews) - Sweden's government raised its growth outlook for 2018 and 2019 but trimmed its forecast for 2017.

Gross domestic product is forecast to grow 2.5 percent this year instead of 3.1 percent projected in September, the Ministry of Finance said Tuesday.

Meanwhile, the outlook for 2018 was lifted to 2.8 percent from 2.5 percent and the forecast for 2019 to 2.2 percent from 2 percent.

"For next year, we have revised the forecast for growth slightly upwards, mainly because global growth is expected to be stronger, which will benefit Swedish exports," Finance Minister Magdalena Andersson said.

Since the Budget Bill was presented, the forecast for net lending was virtually unchanged and remains at 1 percent of GDP for the next few years, Andersson added.

Inflation outlook for 2017 was raised to 1.7 percent from 1.6 percent, while that for next year was downgraded to 1.5 percent from 1.7 percent.

Unemployment is expected to fall to 6.1 percent next year, from an estimated 6.7 percent in 2017. The rate is forecast to remain at 6.1 percent over the next three years.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


CCR: Company May Bid For Subway Lines In Peru And Colombia (24 min(s), 24 sec(s) ago)
(RTTNews) - Brazilian infrastructure firm Companhia de Concessões Rodoviárias (CCR) may take par ...Full Story»

ARGENTINA: President Macri To Travel To Moscow To Meet Putin (54 min(s), 24 sec(s) ago)
(RTTNews) - Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a ...Full Story»

ARGENTINA: U.S. To Eliminate Import Duties To More Than 700 Products (48 min(s), 24 sec(s) ago)
(RTTNews) - Argentina will be able to export more than 700 products to the United States with a ze ...Full Story»

ARGENTINA: International Reserves Increased To US$ 55.055 Bln In December (40 min(s), 24 sec(s) ago)
(RTTNews) - The Argentinean central bank (BCRA) international reserves increased by US$ 491 millio ...Full Story»

U.S. Consumer Sentiment Unexpectedly Deteriorates In January (03 min(s), 24 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, ...Full Story»

Nobel Laureate Shiller Predicts Total Collapse For Bitcoin: Report (12 min(s), 24 sec(s) ago)
(RTTNews) - Bitcoin may "totally collapse" though it may linger for a century, Nobel Laureate Robe ...Full Story»

Use Of Bitcoin Under Investigation In Bali (41 min(s), 24 sec(s) ago)
(RTTNews) - The Central Bank of Indonesia has launched an investigation to see if bitcoin is being ...Full Story»

UK Retail Sales Fall Most Since Mid 2016 (15 min(s), 24 sec(s) ago)
(RTTNews) - UK retail sales in December declined more-than-expected from the previous month when c ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

CCR: Company May Bid For Subway Lines In Peru And Colombia

01/19/2018 - 15:43 PM (RTTNews)
(RTTNews) - Brazilian infrastructure firm Companhia de Concessões Rodoviárias (CCR) may take par ...Full Story>>

ARGENTINA: President Macri To Travel To Moscow To Meet Putin

01/19/2018 - 15:13 PM (RTTNews)
(RTTNews) - Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a ...Full Story>>

ARGENTINA: U.S. To Eliminate Import Duties To More Than 700 Products

01/19/2018 - 15:07 PM (RTTNews)
(RTTNews) - Argentina will be able to export more than 700 products to the United States with a ze ...Full Story>>

ARGENTINA: International Reserves Increased To US$ 55.055 Bln In December

01/19/2018 - 14:59 PM (RTTNews)
(RTTNews) - The Argentinean central bank (BCRA) international reserves increased by US$ 491 millio ...Full Story>>

U.S. Consumer Sentiment Unexpectedly Deteriorates In January

01/19/2018 - 10:22 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.