{"id":135967,"date":"2023-04-17T18:33:32","date_gmt":"2023-04-17T11:33:32","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swedens-economic-gloom-goes-from-bad-to-worse-as-government-predicts-steeper-gdp-contraction\/"},"modified":"2023-04-17T18:45:29","modified_gmt":"2023-04-17T11:45:29","slug":"swedens-economic-gloom-goes-from-bad-to-worse-as-government-predicts-steeper-gdp-contraction","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/swedens-economic-gloom-goes-from-bad-to-worse-as-government-predicts-steeper-gdp-contraction\/","title":{"rendered":"Sweden&#039;s economic gloom goes from bad to worse as government predicts steeper GDP contraction"},"content":{"rendered":"<p>&#013;<br \/>\nThe Swedish government predicted 2023 would be a &#8220;gloomy&#8221; year for the country, but new GDP expectations present a worse outlook than previously expected.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2023\/04\/17\/swedens-government-predicts-steeper-gdp-contraction.html\" target=\"_blank\" rel=\"noopener\">Sweden&#8217;s economic gloom goes from bad to worse as government predicts steeper GDP contraction<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Swedish government predicted 2023 would be a &#8220;gloomy&#8221; year for the country, but new&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-135967","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-zn1","jetpack-related-posts":[{"id":117800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-enters-recession-after-gdp-contracts-12-6-in-q2\/","url_meta":{"origin":135967,"position":0},"title":"Singapore enters recession after GDP contracts 12.6% in Q2","date":"July 14, 2020","format":false,"excerpt":"\r On a quarter-on-quarter seasonally-adjusted annualised basis, the economy shrank 41.2% in Q2 2020. Singapore has entered into recession after its economy contracted 12.6% on a year-on-year basis in the second quarter of 2020, due to the implementation of the circuit breaker measures from 7 April to 1 June to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111596,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-gdp-grew-0-1-in-q3\/","url_meta":{"origin":135967,"position":1},"title":"Singapore GDP grew 0.1% in Q3","date":"October 15, 2019","format":false,"excerpt":"\r This means Singapore narrowly avoided a technical recession, which is defined as two consecutive quarters of economic decline. The Singapore economy grew 0.1 percent on a year-on-year basis in the third quarter of 2019, which is the same pace of growth seen in the previous quarter, showed advanced estimates\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mti-downgrades-2020-growth-forecast-as-q1-gdp-fell-by-2-2\/","url_meta":{"origin":135967,"position":2},"title":"MTI downgrades 2020 growth forecast as Q1 GDP fell by 2.2%","date":"March 27, 2020","format":false,"excerpt":"\r The revised growth forecast comes as MTI\u2019s advanced estimates showed that the economy contracted 2.2% year-on-year during the first quarter of 2020. The Ministry of Trade and Industry (MTI) has downgraded its 2020 GDP forecast to between -4% and -1% \u2013 a fall from the -0.5% to 1.5% range\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115710,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-chinese-investors-are-selling-hong-kong-property-after-china-reports-first-gdp-contraction-in-four-decades\/","url_meta":{"origin":135967,"position":3},"title":"Mainland Chinese investors are selling Hong Kong property after China reports first GDP contraction in four decades","date":"April 18, 2020","format":false,"excerpt":"\r Mainland Chinese investors and property owners are cashing in on their Hong Kong real-estate holdings, as appetite for outbound investment evaporates in China, which has just reported the first contraction in its gross domestic product in four decades.\u201cWith Covid-19 coming at a time of trade tensions, some forced selling\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138301,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-gdp-mortgage-payers-worst-fears-are-likely-to-come-true\/","url_meta":{"origin":135967,"position":4},"title":"UK GDP: mortgage payers\u2019 worst fears are likely to come true","date":"July 13, 2023","format":false,"excerpt":"\r Cycle of interest rate rises look likely to continue after better than forecast economic dataUK economy shrinks by 0.1% in May after coronation festivitiesBusiness live: economy shrank after bank holidays hit activityFor mortgage payers, the latest economic growth figures are a disappointment.The 0.1% contraction in gross domestic product (GDP)\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-gdp-growth-slows-to-0-1-in-q2-2019\/","url_meta":{"origin":135967,"position":5},"title":"Singapore GDP growth slows to 0.1% in Q2 2019","date":"July 15, 2019","format":false,"excerpt":"\r While the economy grew by 0.1 percent in the second quarter, it\u2019s still lower than the 1.1 percent growth recorded in the previous quarter. 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