Sweden's economy expanded more than expected in the third quarter, preliminary data from Statistics Sweden showed on Wednesday.
Gross domestic product advanced 1.1 percent sequentially in the third quarter, following a 0.1 percent rebound in the second quarter. Economists were expecting a 0.8 percent growth.
The strong August month figures helped the overall expansion in the September quarter.
On an annual basis, GDP growth accelerated to 2.4 percent from 0.9 percent in the second quarter. The expected increase was 1.6 percent.
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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.