Economy

Swedish growth
Economists on the economy: Doubts about consumption

Among the unemployed, educated people are now the most numerous, according to statistics from KI. Danske Bank's chief economist Susanne Spector sees this as a sign of the times, but predicts that a large part of the group will have an easier time finding a job when demand on the labor market increases. At the same time, it is worrying that the recovery is not really getting started, she tells DI.

- This economic upswing that we and many others expect will be consumption-driven, we see new doubts there, she says.

Food prices
Professor warns: Food prices may continue to skyrocket

The high food prices may continue to rise. Magnus Henrekson, a professor of economics, warns of this, according to SR.

Last week, the government presented an updated food strategy that, among other things, aims to increase domestic production. But the degree of self-sufficiency in Swedish agriculture is low, which risks fueling the rise in food prices, he says.

– We only produce just over half of the food we need in Sweden. If we are to increase again, food prices will rise, says Magnus Henrekson.

Volvo Cars' future
Analyst: Buying time with a very safe card

Disagreements over strategy, rather than the stock market crash, are said to be the explanation for Jim Rowan leaving Volvo Cars after three years. Handelsbanken analyst Hampus Engellau speculates in a comment to Dagens Nyheter on Sunday.

– When a CEO is forced to leave at such short notice, it is often because the board and the CEO have different views on how the business should be driven forward, he tells the newspaper.

The veteran Håkan Samuelsson will replace him. In doing so, Volvo Cars is buying time, Engellau continues to EFN.

– It’s a very safe bet.

 

Elon Musk’s X
Sources: Top executives pay a minimum amount to buy ads on Elon Musk’s social media platform X.  

 

This is to avoid being perceived as boycotters and risking ending up in open conflict with the billionaire. This is what several executives who wish to remain anonymous tell the FT.

Several sources state that there is pressure to pay a nominal amount on X, after Musk got his high-profile role in the Trump administration. The fact that he has also taken legal action against companies that have stopped advertising, such as Shell, Nestlé and Lego, is another factor that weighs in.

– It’s about paying just enough to stay off the blacklist, says Lou Paskalis, CEO of marketing consultancy AJL Advisory.