Sweden government updates economic outlook; Maintains 2026 GDP growth at 2.3%; Cuts 2027 GDP growth to 2.5% (prev. 2.7%)

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EU VP Virkkunen has been appointed to lead a new dialogue with the US regarding the enforcement of European digital regulations and antitrust proceedings against American tech firms, according to Handelsblatt

With the collapse of the US naval blockade, 3 Iranian tankers with a capacity of 5mln bbls of crude oil passed through the Strait of Hormuz, Irib News reports

Sweden government updates economic outlook; Maintains 2026 GDP growth at 2.3%; Cuts 2027 GDP growth to 2.5% (prev. 2.7%)

CNN reports that given both the US and Iran’s secrecy around the language, it remains unclear whether the draft text shared with CNN will reflect the exact wording of the final document due to be signed in person on Friday in Switzerland

CNN reports that given both the US and Iran’s secrecy around the language, it remains unclear whether the draft text shared with CNN will reflect the exact wording of the final document due to be signed in person on Friday in Switzerland

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Inflation:

  • Cuts 2026 CPIF forecast to 1.0% (prev. 1.2%).

Growth

  • Cut 2026 GDP growth to 2.2% (prev. 2.5%)
  • Cut 2027 GDP growth to 2.3% (prev. 2.6%)
  • Raised 2028 GDP growth to 1.4% (prev. 1.3%).

Inflation:

  • Cut 2026 CPIF to 1.1% (prev. 1.5%).

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