FSB forecasts drop in Swedish unemployment

Föreningssparbanken (FSB) this week forecast Swedish GDP growth of 2.6 per cent in 2005 and 2.3 per cent in 2006. Inflation will rise from 1.1 per cent this year to 2.0 per cent next year.

Domestic demand will increase and visible unemployment will drop from 5.3 per cent in 2005 to 5.0 per cent in 2006, according to the bank.

The bank also criticised Finance Minister Pär Nuder.

“It is concerning that so few focus on the finance policy goals that have been set up and that they are actually being manipulated,” said analyst Ceilia Hermansson.

Sources: Dagens Nyheter, Svenska Dagbladet, Dagens Industri


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