SWEDEN

摘要

The revised GDP decline of -8.3% (q-o-q) in Q2 was fuelled by falls of -7.7% in household consumption and -18.2% in exports. The lighter-touch approach to curbing the spread of Covid-19 saw output in services slip at a slower trajectory than goods producers, the latter hampered by a collapse in global demand. Industrial production rose 3.4% (m-o-m) in July after a substantial -14.3% (q-o-q) slump in Q2. To preserve market confidence and keep interest rates low, the Riksbank will begin purchasing corporate debt this month. Elsewhere, a stimulative budget plan is expected for 2021 to bolster the recovery.