The Swedish Economy

Annual percentage change Billions of SEK business sector Business Tendency Survey capital central central-government debt Church of Sweden continue contribution cost crease current prices decline decrease Diagram domestic demand domestic inflation earnings effect employment euro zone excl expansionary expenditure ceiling factors finance and real fiscal policy forecast period GDP growth general-government sector higher Household consumption expenditure indicated interest rates international economy inventories investment labour force labour market labour supply local-government sector lower Main Scenario manufacturing ment net lending NIER and Statistics OECD output gap pension system percent in 2003 percent of GDP percentage point potential potential output productivity profit share Proportion of firms quarter ratio real estate reduced repo rate resource utilization revised downward Riksbank rise seasonally adjusted service industries shortage slackening slowdown Sources Statistics Sweden Swedish Economy Swedish krona Table target tax cuts tion UMTS UND1X UNDINHX unem wage drift wage increases weaker