Swedish economy – statistical perspective, no 11 2023

The Swedish economy in recession

Statistical news from Statistics Sweden 2023-11-15 8.00

The Swedish economy is shrinking, and Statistics Sweden’s Business Cycle Clock shows that the economy is in recession. The weaker situation for the companies is now spreading to the Labour market with increasing unemployment and fewer hours worked. Retail trade sales is weak and fell in September after plateauing during the summer. Further information can be found in Statistics Sweden’s periodical, “Sveriges ekonomi – statistiskt perspektiv” (in Swedish).

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