Sweden's economy contracted unexpectedly in the first quarter of 2026, while retail sales growth quickened in March, separate reports from Statistics Sweden showed on Wednesday.
Gross domestic product fell 0.2 percent sequentially in the first quarter, reversing a 0.5 percent rise in the fourth quarter, the flash data said. Further, this was the first decline since the second quarter of 2025. Meanwhile, GDP was expected to increase by 0.1 percent.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.