SEB Nordic Outlook
In its latest Nordic Outlook, the SEB Bank forecasts that Sweden’s gross national product will increase this year by 3.5 percent, and next year by 2.9 percent.
The bank’s economists also predict open unemployment will increase to 5 percent in 2007 before dropping back to 4 percent by the end of 2008.
SEB says the world economy is continuing to grow and unemployment will fall in most regions. The strengthened labor market will mean higher interest rates despite low inflation.
The bank’s economists also believe this year’s salary increases will be one percentage point higher than last year.