Sweden’s GDP declined by 8.6 percent in the second quarter of 2020, seasonally adjusted and compared with the first quarter. This according to the preliminary compilation of the quarterly national accounts. Calendar adjusted and compared with the second quarter of 2019, GDP decreased by 8.2 percent.
Total orders in industry increased by 6.7 percent in June 2020 compared with May, in seasonally adjusted figures. Compared with June 2019, total orders in industry decreased by 11.9 percent in calendar-adjusted figures.
Private sector production decreased by 8.5 percent in June 2020 compared with June 2019, in calendar adjusted figures. In seasonally adjusted figures, private sector production increased by 0.7 percent compared with May 2020.
In July 2020, 23 804 passenger cars were registered for the first time, 4.6 percent less than in July last year, according to the Transport Analysis monthly official statistics on new registrations. This decrease is most probably due to the ongoing coronavirus (COVID-19) pandemic, which means that comparison with the same period a year ago should be made with caution.
The retail trade sales volume increased by 3.9 percent in June 2020 compared with the same month a year ago. Retail sales in durables increased by 5.0 percent, while retail sales in consumables (excluding Systembolaget, the state-owned chain of liquor stores) increased by 0.2 percent. These figures are working-day adjusted and in fixed prices.