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Swedish Economy Shrinks 0.9% In Q4, More Than Estimated

Por: RTTNews Business February 28, 2023

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Sweden's  contracted more than initially estimated in the fourth quarter of 2022, largely led by the decreased capital formation in fixed assets and inventories,latest figures from Statistics Sweden showed on Tuesday.Gross domestic product declined 0.9 percent sequentially in the December quarter, reversing a revised 0.2 percent rise in the previous three months. The fourth quarter figure was revised from a 0.6 percent decline in the... + full article



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