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National accounts, first quarter 2018:

Sweden’s GDP grew 0.7 percent in first quarter of 2018

Statistical news from Statistics Sweden 2018-05-30 9.30

Sweden’s GDP increased by 0.7 percent in the first quarter of 2018, seasonally adjusted and compared with the fourth quarter of 2017. GDP increased by 3.3 percent, working-day adjusted and compared with the first quarter of 2017.

Household consumption expenditures rose by 0.8 percent and government consumption expenditures increased by 0.1 percent, seasonally adjusted and compared with the previous quarter. Changes in inventories contributed to GDP growth by 0.1 percentage points in the first quarter. Gross fixed capital formation grew by 2.8 percent. Exports decreased by 0.2 percent while imports increased by 1.0 percent. Market production of goods and services increased by 1.1 percent, seasonally adjusted and compared with the previous quarter. Production of goods rose by 1.1 percent and service-producing industries rose by 1.2 percent. Employment measured as the total number of hours worked was unchanged and the total number of persons employed rose by 0.6 percent, seasonally adjusted.

Next publishing will be

2018-07-30 at 09:30.

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