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📊 Sweden Economy Seen Contracting The Most In G10: Cable FX Macro

Writer: Rosbel DuránRosbel Durán

**As seen in Macro Walk report 03/03/23, subscribe at cablefxm.co.uk/reports


  • The GDP section of the Macro Walk report showed growth forecast expectations for the G10 getting adjusted since January, however, the Swedish economy is still expected to fall the most in the group

  • Swedish economic output was pencilled at 2.9% in 2022, the following year is seen falling by 0.7%, according to data compiled by Bloomberg

  • The difference in growth between 2023 and the prior year is more alarming in the U.K. projections, growth is seen falling 0.6% vs a prior 4.0% expansion

  • Japan is the only country in the G10 expected to grow faster in 2023 vs 2022, the median forecast sees growth accelerating to 1.15% in 2023



 
 

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