Sweden's economy expanded more than initially estimated in the second quarter, the latest data from Statistics Sweden showed on Friday.
Gross domestic product advanced 0.5 percent sequentially in the second quarter, reversing a 0.2 percent decrease in the first quarter. In the flash estimate, the rate of growth was only 0.1 percent.
On the expenditure side, gross fixed capital formation rebounded strongly by 1.7 percent, which largely drove the overall expansion in the economy. The increase was mainly due to investments in machinery and equipment and weapon systems.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.