Swedish economic growth set to slow significantly – finance minister

Swedish Minister for Enterprise and Innovation Damberg delivers his speech during Dan Tysk offshore wind farm opening ceremony in Hamburg

STOCKHOLM (Reuters) – Swedish economic growth is expected to slow significantly during the second half of the year as high inflation hampers economic activity, Sweden’s finance minister said on Thursday.

“We are approaching tougher times and a low growth phase,” Finance Minister Mikael Damberg told a new conference.

(Reporting by Johan Ahlander and Simon Johnson; editing by Niklas Pollard)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota