Swedish economy to avert slump despite housing woes, Danske says

The housing market seems to have stabilized in Sweden. Finland is now the only one out of the four Nordic countries where Danske Bank expects the economy to retract in 2023.
Photo: Cathal Mcnaughton/Reuters/Ritzau Scanpix
Photo: Cathal Mcnaughton/Reuters/Ritzau Scanpix
By Ott Ummelas / Bloomberg

Sweden’s economy looks likely to avoid a contraction this year, economists at Danske Bank A/S said, as it has shown surprising resilience in the face of rising prices and surging borrowing costs.

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