Sweden's economy contracted in the final quarter of 2022, after expanding in the previous two quarters as rising interest rates, high inflation and uncertainty over the economic outlook likely damped spending at the end of the year, preliminary figures from Statistics Sweden showed on Monday.
Gross domestic product declined 0.6 percent sequentially in the December quarter, reversing a 0.6 percent rise in the September quarter.
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Business News
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.