Swedish economy continues to be
Photo: Fredrik Sandberg/TT

Swedish economy continues to be weak after GDP was unchanged in February

The Swedish economy is not gaining momentum. After two months of GDP decline, the economy was flat in February, according to Statistics Sweden.

The GDP indicator shows that Sweden's gross domestic product was unchanged in February compared to January.

Economists had expected growth of 0.5 percent on average, according to a Bloomberg survey.

In January, GDP fell by 1.1 percent compared to December.

On an annual basis, the growth rate was 1.6 percent in February, according to Statistics Sweden.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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