Sweden cuts 2025 growth forecast to 0.7 pct amid export weakness


HELSINKI, Aug. 6 (Xinhua) -- The Swedish National Institute of Economic Research (NIER) on Wednesday revised its 2025 growth forecast for the Swedish economy downward, from 0.9 percent to 0.7 percent.

In a statement, NIER cited continued global economic weakness and uncertainty surrounding U.S. trade policy as key factors dampening Sweden's economic prospects.

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