Sweden’s economy expanded for the third straight quarter in the three months ending in December, though at a slower-than-expected pace, preliminary data from Statistics Sweden showed on Thursday.
Gross domestic product rose 0.2 percent sequentially in the fourth quarter, following a 1.1 percent growth in the second quarter. Meanwhile, economists were expecting a growth of 0.6 percent.
Compared to last year, GDP advanced 1.8 percent after growing 2.6 percent in the preceding three-month period.
On a monthly basis, the economy contracted 0.6 percent in December, reversing a 0.5 percent recovery in November. Meanwhile, GDP rose 0.9 percent annually, slower than the 2.2 percent increase in the prior month.
During the year 2025, the Swedish economy logged a growth of 1.4 percent compared to 2024.
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