10/4/2022
RawNews1st – The Scandinavian country has had a dry and windless summer, which has resulted in less electricity being produced from renewable energy, while its nuclear power plants are not ready to supply consumers.
Meanwhile, the economic situation is worsening as inflation skyrockets and housing costs continue to rise.
Electricity companies warn of temporary power cuts across the Scandinavian country.
Falling energy prices, a worsening economy, and a change of government have all contributed to the declining economic situation in Sweden, according to a recent study by the Hungarian Oeconomus Economic Research Foundation.
Consumer inflation hit an all-time high in August, reaching 9.8 percent, the highest in 30 years. The biggest increases were in housing and transport costs.”
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