STOCKHOLM (AP) — Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country. Data released Wednesday by S… ...

According to forecasts compiled by Bloomberg, the largest Nordic economy is set to grow 0.7% this year, up from 0.5% in a last month’s survey and 0.2% forecast in May.

Where High Interest Rates Have Sent Home Prices Sliding In Sweden, the central bank’s fight against inflation is crimping economic growth and has contributed to a 15 percent drop in home prices.

Sweden’s economy runs on two tracks, says Danske Bank, a Copenhagen-based bank, which actually thinks the economy will grow slightly this year. Consumers and the housing market are dragging the ...

Mr. Siemiatkowski pointed out that Sweden is also way ahead of the United States on equal opportunity. The country ranked fourth on the World Economic Forum’s social mobility index in 2020, the ...

STOCKHOLM (AP) — Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country.