Sweden’s Economy Shrinks in September as Third-Quarter Growth Slows to 0.4%

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Sweden’s Economy Shrinks in September as Third-Quarter Growth Slows to 0.4%
Photo: Christine Olsson/TT

The economic upswing weakened somewhat in the third quarter.

"The Swedish economy declined in September, but the quarter as a whole grew thanks to strong growth in August," says Neda Shahbazi, an economist at Statistics Sweden, in a press release.

Compared with the third quarter of last year, Sweden's GDP grew by 2.8 percent.

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By TT News Agency. English edition by Sweden Herald, adapted for our readers

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