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Sweden's Economic Downturn Continues
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Overview
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Sweden's economic downturn continues, with a projected 0.6% GDP growth in 2024, indicating a prolonged economic slowdown until 2025. Inflation is expected to ease from its peak, but remains above the central bank's threshold. The Riksbank has raised its main rate to 4% from zero in 18 months, signaling a potential peak in rate hikes.
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How could the economic downturn affect Sweden's overall economic stability and future prospects?
How might Sweden's economic downturn impact its trade relations and partnerships with other countries?
What measures can the government take to stimulate economic growth and address the ongoing downturn?
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