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“On a pedestrian street and in a home zone, the following applies. [...] Vehicles may not be driven faster than walking speed.” (Swedish Road Traffic Ordinance)
Note the difference between Pedestrian street (as used in the question) and Footpath (the sign below it).
”This sign indicates a path intended for pedestrians only.”
Where Footpath (D5) has been posted, you are not allowed to drive.
More examples of explanations: