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Sweden's GDP fell 8.6% during the second quarter of the year, according to its statistics body. The fall is sharper than its neighbors — Denmark registered a 7.4% fall, and Finland a 3.2% fall.
Sweden’s economy shrank in the third quarter of 2023 to mark the second time of contraction and signal that a recession may have hit the country. Via AP news wire.
Sweden’s GDP Unexpectedly Shrinks for Third Straight Quarter. Fourth-quarter GDP fell 0.1% on quarter, trailing forecasts; Data shows Sweden’s economy is less resilient to rate hikes ...
Sweden's GDP fell 8.6 in Q2 2020, the country's worst quarterly decline in modern history. The fall came amid the novel coronavirus panic, which Sweden did not implement full lockdown measures over.
Though Sweden was not immune to the pandemic's economic impact, it was the only major economy to grow in the first quarter of the year.
Sweden’s strategy indeed likely helped the economy — but this came at too high a cost, in terms of lives lost. Taking a similar approach in the United States would, in all probability, be even ...
Sweden's economy shrank 0.2% in 2023 versus the previous year, hit by inflation and higher interest rates, data from the Statistics Office showed on Thursday.
Sweden's gross domestic product rose 7.3% in the fourth quarter from a year earlier, easily beating forecasts.
Unlike the U.S. and most other industrialized countries, Sweden decided not to shut down the country--and its economy--to prevent the spread of the coronavirus.
The Swedish economy could contract by 4% this year while unemployment is expected to top 9% as the supply-and-demand shock from the coronavirus outbreak hits the Nordic nation’s economy, the ...
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