Sweden Lowers Growth Forecast.

Written By Yovani Santana

Finance Minister Elisabeth Svantesson announced a downward revision of Sweden's 2026 GDP growth forecast from 3.0% to 2.8%. While the Swedish economy is on a firm footing following a recovery that began in 2025, the government cited major uncertainty caused by the conflict in the Middle East and recent U.S. trade tariffs. To support households, the government is implementing a temporary VAT reduction on food—cutting it from 12% to 6%—starting in April 2026.

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Yovani Santana https://yovanisantana.com
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