Sweden's economic landscape in 2024TT/Omni has summarised Sweden’s economic landscape in 2024. In 2024, the Riksbank reduced the policy rate by 150 basis points, lowering it to 2.50% in December. Inflation, measured by the CPIF index, has slowed down and remained below the Riksbank's target of 2% since June. The labour market showed improvement, with unemployment decreasing from 8.5% in January to 7.4% in November. The Purchasing Managers' Index (PMI) for the industrial sector rose to 53.8 in November (up from 47 in January), indicating growth. Furthermore, the Swedish krona weakened against the US dollar. (ICE STOCCOLMA)

Fonte notizia: Mundus News Sweden