Sweden's economy grew at a faster pace in the second quarter, underpinned by investments and household consumption, preliminary data from Statistics Sweden showed Friday. Gross domestic product grew a seasonally adjusted 0.9 percent from the first quarter, when the economy expanded 0.8 percent. In the second quarter of 2020, the economy shrank 8.1 percent.
Compared to the same quarter of last year, GDP rose 9.7 percent in the second quarter after a 0.2 percent fall in the previous three months. The increase was the first since the March quarter of 2020.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.