Swedish economy and industrial production shrank for the second straight month in February, separate reports from Statistics Sweden showed on Thursday.Gross domestic product dropped 1.5 percent month-on-month in February, reversing a 0.4 percent fall in January."Swedish economic activity declined in February with lower production in service-producing industries and general government," Mattias Kai...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.