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Article: Swedish govt sees '09 GDP down 5.2%.
- Article from:
- ADP News Nordic
- Article date:
- September 21, 2009
CopyrightCOPYRIGHT 2009 Aii Data Processing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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(ADPnews) - Sep 21, 2009 - The Swedish Government said it expects the country's gross domestic product (GDP) to decrease by 5.2% in 2009, and then increase 0.6% in 2010, 3.1% in 2011 and 3.8% om 2012, in the budget bill unveiled on Sunday.
In a forecast from April 2009, the centre-right government estimated a GDP decline by 4.2% in 2009, to be followed by a 0.2% rise next year, and 2.4% growth in 2011.
The key interest rate, or repo rate, is anticipated to stay low for a long time ...
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