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Sweden Q2 growth revised up, GDP rose 3.4 percent

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Staff Writer | September 15, 2016
Sweden industrial production
North Europe   The economy grew 0.4 percent in the first quarter

Sweden's economy expanded at a faster pace than estimated earlier, latest data from Statistics Sweden showed.

Gross domestic product grew 0.5 percent from the first quarter, which was faster than the 0.3 percent expansion estimated earlier. The economy grew 0.4 percent in the first quarter.

On a year-on-year basis, GDP rose 3.4 percent, faster than the initial estimate of 3.1 percent. In the first quarter, growth was 4.2 percent.


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