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Sweden Household Lending Growth At Historic Low

Por: RTTNews Business December 28, 2022

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Swedish households' lending grew at the weakest pace on record in November, official data showed on Wednesday. Lending to households increased 4.1 percent in November from the last year, which was the lowest since the series began in January 2006, Statistics Sweden reported. Mortgages accounted for 82 percent of total lending to households, while the annual rate for consumption was only 6 percent. The annual growth rate for consumption... + full article



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