The recent downward revisions to Sweden’s unemployment rate will no doubt be interpreted by the Riksbank as justification for its plan to raise the repo rate out of negative territory in December. But if our forecast for the economy to weaken next year proves accurate, we think that policymakers will have no choice but to reverse course. Meanwhile, data released next week are likely to show that annual growth in Swiss industrial production slowed in Q3.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services