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Sweden Today

Swedish news in English

Wednesday, October 16, 2024

Sweden Declares Victory Over Inflation

Published: 2024-06-23

Swedish Prime Minister Ulf Kristersson and Finance Minister Elisabeth Svantesson have jointly declared victory in the fight against inflation.

Recent data shows a significant reduction in inflation rates, leading the government to shift its focus towards building a wealthier Sweden.

Key factors behind this success include consistent low inflation results, stable inflation expectations, and reduced global economic disruptions.

Riksbank Governor Erik Thedéen supports this positive outlook, highlighting the potential for sustained economic growth for households and businesses.

Sweden now anticipates more investments in infrastructure, energy systems, and education.