In this paper, we discuss:

• How Sweden’s 2026 election delivered a narrow left-bloc majority.

• Why forming a stable government could prove difficult despite the election result.

• How Sweden’s economic recovery is gaining momentum.

• Why stronger growth, a weaker krona and higher energy prices are increasing inflation risks.

• Why the Riksbank is moving closer to renewed rate hikes.

Download PDF: Sweden – September 2026

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