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Sweden GDP Falls Less Than Estimated, Retail Sales Fall At Slower Rate

Por: RTTNews Business August 29, 2023

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Sweden's contracted less than initially estimated in the second quarter, while retail sales continued to decline in July amid lower demand for consumables and durables, figures from Statistics Sweden showed on Tuesday.Gross domestic product dropped 0.8 percent sequentially in the June quarter, reversing a revised 0.4 percent rise in the March quarter. According to the initial estimate, GDP logged a 1.5 percent contraction in the second... + full article



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