FOREX TradingCharts.com

Financial News: Sweden's GDP Growth Halves In Q4

Sweden's GDP Growth Halves In Q4

02/28/2020 - 07:39:00 (RTTNews)

(RTTNews) - Sweden's economic growth halved in the fourth quarter on weak exports and investment, Statistics Sweden reported Friday.

Gross domestic product grew 0.2 percent sequentially versus 0.4 percent in the third quarter. The rate came in line with expectations.

Household consumption advanced 0.7 percent, while government spending remained flat in the fourth quarter. Gross fixed capital formation fell 0.4 percent.

Exports declined 1.7 percent and imports dropped 1.2 percent in the fourth quarter.

On a yearly basis, the economy grew at a slower pace of 0.8 percent in the fourth quarter, but in line with expectations. The economy had expanded around 2.3 percent in the third quarter.

In the full year of 2019, GDP was up 1.2 percent, data showed.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


European Economics Preview: Germany Factory Orders Data Due (03 min(s), 58 sec(s) ago)
(RTTNews) - Factory orders from Germany and investor confidence from euro area are due on Monday, ...Full Story»

Ireland Construction Sector Contracts Most In 11 Years On COVID-19 Pandemic (19 min(s), 58 sec(s) ago)
(RTTNews) - Ireland's construction sector contracted at the sharpest pace in eleven years in M ...Full Story»

UK Consumer Confidence Logs Biggest Fall On Record: GfK (15 min(s), 02 sec(s) ago)
(RTTNews) - UK consumer sentiment registered its biggest fall since records began in January 1974 ...Full Story»

Australia Inflation Forecast Due On Monday (31 min(s), 02 sec(s) ago)
(RTTNews) - Australia will on Monday see the March inflation forecast from TD Securities, highligh ...Full Story»

Brazil Services Sector Shrinks At Record Pace On Covid-19 Disruption (31 min(s), 02 sec(s) ago)
(RTTNews) - Brazil's service sector shrunk at the fastest pace in the survey's 13-year his ...Full Story»

U.S. Employment Plunges By 701,000 Jobs In March, Much More Than Expected (59 min(s), 02 sec(s) ago)
(RTTNews) - Employment in the U.S. fell much more than expected in the month of March, according t ...Full Story»

U.S. Employment Plunges Much More Than Expected In March (10 min(s), 02 sec(s) ago)
(RTTNews) - Employment in the U.S. fell much more than expected in the month of March, according t ...Full Story»

S&P Affirms Japan's Sovereign Ratings (58 min(s), 02 sec(s) ago)
(RTTNews) - S&P Global Ratings affirmed sovereign ratings of Japan as the fallout from economi ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

European Economics Preview: Germany Factory Orders Data Due

04/06/2020 - 01:25 AM (RTTNews)
(RTTNews) - Factory orders from Germany and investor confidence from euro area are due on Monday, ...Full Story>>

Ireland Construction Sector Contracts Most In 11 Years On COVID-19 Pandemic

04/06/2020 - 01:09 AM (RTTNews)
(RTTNews) - Ireland's construction sector contracted at the sharpest pace in eleven years in M ...Full Story>>

UK Consumer Confidence Logs Biggest Fall On Record: GfK

04/05/2020 - 23:44 PM (RTTNews)
(RTTNews) - UK consumer sentiment registered its biggest fall since records began in January 1974 ...Full Story>>

Australia Inflation Forecast Due On Monday

04/05/2020 - 18:00 PM (RTTNews)
(RTTNews) - Australia will on Monday see the March inflation forecast from TD Securities, highligh ...Full Story>>

Brazil Services Sector Shrinks At Record Pace On Covid-19 Disruption

04/03/2020 - 11:00 AM (RTTNews)
(RTTNews) - Brazil's service sector shrunk at the fastest pace in the survey's 13-year his ...Full Story>>
Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.