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Investing.com -- Sweden’s economy has contracted slightly in the first quarter of 2025, with a decrease of 0.2% from the last quarter of 2024, according to the final data released by the Statistics Office on Friday.
However, when compared to the same quarter in the previous year, there was a modest growth of 0.9%.
Preliminary figures that were released at the end of the previous month had indicated that the country’s gross domestic product (GDP) was stable in the first quarter, showing no change compared to the fourth quarter of 2024.
These initial estimates also suggested a 1.1% expansion when compared to the same quarter of the previous year.
The final quarterly figure did not meet the expectations of analysts, who had predicted a slight revision upwards to a growth of 0.1%.
Instead, the final data showed a slight contraction in the economy.
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