Sweden: 2005 Article IV Consultation — Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sweden
September 15, 2005
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Sweden’s 2005 Article IV Consultation reports that strong productivity gains, wage moderation, and falling nonenergy import prices contributed to reducing inflation, and creating room for aggressive monetary easing. Export growth has been led by a strong recovery in the telecommunications and automobile sectors, and, combined with rising capacity utilization and record low interest rates, helped sustain a revival of business investment after a three-year slump. Rising disposable incomes and an expansionary monetary stance helped support consumer confidence.
Subject: Fiscal governance, Fiscal policy, Inflation, Labor, Labor markets, Labor supply, Prices, Public debt
Keywords: Central Asia, CR, East Asia, Europe, Fiscal governance, fiscal policy proposal, Global, government, growth, Inflation, inflation pressure, ISCR, Labor markets, Labor supply, Middle East, rate, spending of SEK, staff appraisal, year-on-year rate
Pages:
48
Volume:
2005
DOI:
Issue:
343
Series:
Country Report No. 2005/343
Stock No:
1SWEEA2005001
ISBN:
9781451948691
ISSN:
1934-7685
