Swedish Economy Increases With Rising Household Spending

25 Feb 2013

Increase in household spending is helping Nordic economies to face the weak export demand.

Resilient consumers and increase in spending helped Sweden avoid a recession last year. Sweden predicts that exports will gain momentum in the second half of 2013 when growth in Swedish export markets is projected to resume.”

Recent reports claim that Sweden’s economy will expand 1.3% in 2013 and approx. 2.7% in 2014. With rising economy, there will also be a substantial increase in employment index. Companies would recruit professionals to expand

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