Economy
Economic and financial news and information from Sweden.
How will Trump's tariffs affect Sweden's economy?
President Donald Trump's imposition of a 20 percent blanket tariff on imports has sent shockwaves through the global economy, with Sweden no exception. How badly could the country be affected?
'Growth will be hit': Swedish PM issues warning over impact of Trump's tariffs
Sweden's government has warned of lower growth and rising prices as a result of the tariffs the US announced on Wednesday in what US President Donald Trump called his "liberation day".
Carmaker Volvo to step up US production after tariffs
Sweden's Volvo Cars, owned by China's Geely, will increase its production of vehicles in the United States and probably produce an additional model there, following US President Donald's Trump's introduction of tariffs, its CEO told media on Thursday.
Swedish insurer Folksam drops $160 million Tesla stake over labour rights
Swedish insurance company Folksam said Wednesday it had given up its $160 million stake in Tesla due to the electric carmaker's approach to labour rights.
'Chaos is being created': Europe hits out at Trump's tariffs
European leaders hit out against sweeping new US tariffs on Thursday, with the EU saying it was ready to respond with countermeasures while opening the door for last-ditch negotiations.
Swedish government to hold talks on soaring food prices
Swedish government officials are to meet food industry giants on Thursday to discuss soaring food costs and rising consumer anger.
What happens in Sweden when a company goes bankrupt?
The battery giant Northvolt this week began laying off employees after declaring itself bankrupt last week. What is the process in Sweden when a company goes bankrupt?
Is Sweden's government ready to bring in 'a modern war economy'?
Sweden's prime minister warned on the weekend that "freedom comes with a cost", while the country's finance minister promised "a modern Swedish war economy". But is the government ready to spend what it takes to enable Sweden to defend itself?
Swedish economy gets off to slow start to the year
A preliminary GDP indicator suggests that Sweden's GDP saw a 0.5 percent month-on-month decrease in January, once seasonal changes are taken into account.
Inflation in Sweden jumps for second month in a row
Inflation in Sweden has increased for the second month in a row with prices rising faster than expected. Further cuts to interest rates in the short term are now looking increasingly unlikely.
Swedish household wealth grew faster than average in 2024
Swedish households saw their wealth increase faster than average in 2024, despite falling in the last quarter of the year due to a turbulent stock and housing market.
Hiking work permit salary limit could cost Sweden '30 billion kronor a year'
Sweden's economy will shrink by 30 billion kronor (€2.7billion) a year if the government decides to increase the minimum salary for a work permit to Sweden's median salary of 35,600 kronor a month, according to new analysis.
What Trump's tariffs would mean for Sweden
With US President Donald Trump threatening steep tariffs on the EU, Sweden is caught in the crossfire of a looming trade war. How will this impact its industries, businesses, and consumers?
Surprise jump in inflation in Sweden could put rate cuts on hold
Inflation in Sweden jumped to 2.2 percent in January, in a surprise jump that dampens hopes of interest rate cuts in the near future.
LATEST: EU vows firm retaliation if Trump unleashes tariffs
The European Union has insisted it would retaliate "firmly" if US President Donald Trump hit it with tariffs, as Brussels decried his sweeping measures against Canada, Mexico and China.
Salaries, mortgages and the krona: What's next for the Swedish economy?
The Swedish economy is on track for recovery, a new report from Swedish bank Handelsbanken forecasts, despite uncertainties on the global stage.
Could lower than expected Swedish inflation figures mean further rate cuts?
Inflation fell more than expected last month. How could this affect the likelihood that the Riksbank lowers the key interest rate in January?
Sweden in 2025: From reader predictions to new immigration rules
In this week's episode: What are the stories likely to shape Sweden in 2025?
What's on the agenda for foreigners in Sweden in 2025?
Sweden is in for a busy year in 2025, with changes to work permits and citizenship on the cards, as well as interest rate announcements, festivals and Midsummer parties.
Sweden's Riksbank lowers interest rate to 2.5 percent
The Swedish central bank as expected cut the country's key interest rate by 0.25 percentage points on Thursday.
'Historic': What full Schengen membership for Bulgaria and Romania means for Europe
EU states on Thursday cleared Bulgaria and Romania to become full members of the borderless Schengen zone from the start of next year. How will this historic decision impact Europe’s borderless travel zone and the EU economy?
Swedish krona hits annual low against the dollar
The Swedish krona has weakened further against the dollar, with one dollar costing 11.01 kronor. That's the lowest rate this year – and you shouldn't expect it to rise in value anytime soon.
Property prices in Sweden 'could rise by more than 5 percent in 2025'
Property prices in Sweden could rise by more than 5 percent in 2025, Swedbank has said in its latest economic outlook, with the bank expecting Sweden to next year start bouncing back from the current economic slump.