Sweden’s government has revised its economic growth forecast for this year downward, for the second time in three months. The adjustment reflects a weaker outlook for consumer spending and potential risks associated with U.S. trade policies.
Expectations of a robust recovery in the largest Nordic economy have diminished in recent months, primarily due to geopolitical uncertainties. This prompted the Riksbank, the central bank of Sweden, to reintroduce monetary easing measures last week.
