While there are welcome signs that Sweden has reaped some benefits from its light-touch lockdown, the economy will be constrained by the recovery in the rest of the continent given its dependence on external demand. Next week, Swedish inflation data are likely to show that the core rate fell further below the Riksbank’s 2.0% target in April, and we expect Denmark’s comparatively early lockdown to translate into a chunky 4% q/q fall in GDP when data are released on Friday.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services