A post by @FirstSquawk on X.

Sweden recorded a budget deficit of SEK 14.5 billion in October, narrowing from a shortfall of SEK 23.0 billion in the prior reading. The smaller gap signals a modest improvement in the government's monthly fiscal position, though the balance remains negative. The figure reflects the ongoing gap between state revenue and spending as Europe's economies contend with soft growth and elevated outlays. Sweden's public finances are closely watched by bond investors given the country's large sovereign debt market and its sensitivity to euro-area demand. Traders will look to upcoming monthly budget readings and the government's fiscal projections for confirmation that the deficit is on a narrowing path.