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Stockholm : Improved sentiment translating into deals - Q4 2014

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The latest data confirms that the Swedish economy has continued to recover. The Purchasing Managers Index declined slightly in January but remains above 50 indicating that the economy is still expanding.

Looking ahead, we are likely to see a gradual recovery in exports since external demand remains relatively weak. The consensus of economic forecasters expects GDP to grow by 2.6% in 2015 and 2.9% in 2016.

Employment in office intensive sectors in Stockholm has been strong both in 2013 and 2014. Although the rate of expansion slowed to 4.0% in Q4, the annual figure came in at 5.0%, which is the highest yearly growth rate recorded since the financial crisis started.

Source : DTZ

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Keywords : DTZ