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National accounts, second quarter 2018:

Sweden’s GDP grew 1.0 percent in the second quarter

Statistical news from Statistics Sweden 2018-07-30 9.30

Sweden’s GDP increased by 1.0 percent in the second quarter of 2018, seasonally adjusted and compared to the first quarter of 2018. GDP increased by 3.3 percent, working-day adjusted and compared to the second quarter of 2017.

Household consumption expenditures rose by 0.9 percent and general government consumption expenditures increased by 0.2 percent seasonally adjusted and compared to the previous quarter. Changes in inventories contributed to GDP by 0.3 percentage points the second quarter. Gross fixed capital formation decreased by 0.2 percent. Exports increased by 0.5 percent while imports decreased by 0.1 percent. Market production of goods and services increased by 1.2 percent, seasonally adjusted. Production of goods rose by 0.7 percent and service-producing industries rose by 1.5 percent. Employment measured as the total number of hours worked increased by 1.0 percent seasonally adjusted and the total number of persons employed increased by 0.3 percent seasonally adjusted.

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2018-07-30 at 09:30.

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