Stock Groups

Swedish economy slowed sharply in Q1, data shows -Breaking

[ad_1]

© Reuters. FILEPHOTO: A woman walks in the Sodermalm district of Stockholm on October 22, 2020. Amir Nabizadeh/TT News Agency via REUTERS

STOCKHOLM / Reuters – Sweden’s economy slowed significantly in the first quarter, according to the final gross domestic products (GDP) figures from Statistics Office on Monday.

The GDP fell 0.8% in the last quarter 2021, a decrease of 0.4% from the prior estimate. Unrevised from previous estimates, the economy saw a 3.3% growth for the entire year.

[ad_2]