In a recent announcement, Swedish Finance Minister Elisabeth Svantesson presented a new economic forecast showing a significant decrease in inflation and an upward revision of economic growth projections.

The government now expects inflation to drop to 3.1% this year and further to 0.8% in the next, from previously forecasted levels of 3.9% and 1.4% respectively.

Economic growth is anticipated to be 0.7% in 2024, with an increase to 2.5% in 2025. This adjustment comes as a result of successful inflation control measures, indicating a positive shift in the economic outlook.

However, the government remains cautious, emphasizing the importance of being prepared for potential increases in inflation.