The Swedish economy is chugging along more than decent right now. GDP grew by 3.0 percent in the second quarter compared with the same period last year. And growth is expected to continue during the second half of the year.
– I think it looks pretty good, both in terms of what is happening at home consumption and in terms of exports says Handelsbanken’s chief economist Jan Häggström.
Häggström also mentions the conflicts in Turkey and the Middle East and countries in Africa and Latin America hit by falling commodity prices, such as Brazil.
In the fall expected US s central bank raise interest rates for the first time since December 2008.
– An increase should mean , the dollar strengthened and a weak krona against the dollar is positive for Swedish companies in general. Then you get a little turbulent stock markets immediately after the increase, the history speaks for it, says Mattias Eriksson, chief equity strategist at Nordea.
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