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Swedish GDP 0.5% vs. 0.7% forecast

Published 05/30/2016, 03:30 AM
Swedish GDP 0.5% vs. 0.7% forecast
Investing.com - Sweden’s gross domestic product rose less-than-expected last month, official data showed on Monday.

In a report, Statistiska Centralbyran said that Swedish GDP rose to a seasonally adjusted annual rate of 0.5%, from 1.6% in the preceding month whose figure was revised up from 1.3%.

Analysts had expected Swedish GDP to rise 0.7% last month.

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