Minutes of the Sveriges Riksbank Executive Board meeting on 31 March, published 20 April. The minutes said the Swedish economy would recover gradually and largely follow the developments estimated in the Riksbank's December Inflation Report. This meant that the recent economic downturn was relatively mild.
"One of the driving forces behind the upturn so far had been international economic activity with rising exports, while consumption had increased at a stable rate. In future, the upturn was
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