National accounts, 1st quarter 2011:

Sweden's GDP increased 6.4 percent first quarter 2011

Sweden's GDP increased 6.4 percent the first quarter, working-day adjusted and compared to the first quarter of 2010.

Seasonally adjusted GDP increased 0.8 percent compared with the fourth quarter of 2010. Both household consumption expenditures and general government consumption expenditures increased 2.1 percent. The changes in inventories amounted to a positive GDP change of 2.5 percentage points. Gross fixed capital formation increased 8.7 percent. Exports increased 15 percent and imports 13 percent. Industrial production increased by 9.2 percent. Producers of goods increased 14 percent and service sector industries 6.4 percent. Total employment, measured as the number of hours worked, increased 2.1 percent while the numbered of employed persons increased 2.8 percent.

Compared to the publication in March 2011, the GDP growth for 2010 has been revised upwards by 0.2 percentage points to 5.7 percent.