Sweden's economy contracted in the first quarter of 2025, revised from the stagnant change estimated initially, the latest data from Statistics Sweden showed on Friday.
Gross domestic product fell 0.2 percent sequentially in the first quarter, reversing a 0.5 percent rise in the fourth quarter. Further, this was the first decline since the fourth quarter of 2023.
The downturn was mainly notable in gross fixed capital formation, while net exports rose significantly and contributed to holding GDP around the zero mark, the agency said.
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