FOREX TradingCharts.com

Financial News: Swedish Economy Recovers In Q3

Swedish Economy Recovers In Q3

11/05/2020 - 10:31:00 (RTTNews)

(RTTNews) - Sweden's economy expanded in the third quarter, after a sharp contraction in the previous three months, preliminary figures from Statistics Sweden showed on Thursday. Gross domestic product grew 4.3 percent from the previous quarter, when the output plummeted 8.6 percent, which was revised from 8.3 percent, as economic activity was hurt severely by the coronavirus pandemic. On a year-on-year basis, GDP decreased 3.5 percent in the third quarter after an 8.2 percent fall in the previous three months.

The upturn in the third quarter compared with the previous quarter largely came from rising exports of goods, the statistical office said. "This upswing means that the Swedish economy has recovered roughly half of the sharp contraction in the second quarter," Statistics Sweden said.

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


South Korea Retail Sales Dip 0.9% In October (03 min(s), 10 sec(s) ago)
(RTTNews) - The total value of retail sales in South Korea was down a seasonally adjusted 0.9 perc ...Full Story»

South Korea Industrial Production Slips 1.2% In October (08 min(s), 10 sec(s) ago)
(RTTNews) - Industrial output in South Korea was down a seasonally adjusted 1.2 percent on month i ...Full Story»

Japan Data On Tap For Monday (53 min(s), 10 sec(s) ago)
(RTTNews) - Japan is scheduled to release a batch of data on Monday, headlining a busy day for Asi ...Full Story»

India GDP Contraction Slows, Economy Enters Recession (07 hr(s), 15 min(s), 10 sec(s) ago)
(RTTNews) - India's economic contraction slowed sharply in the September quarter, but the econ ...Full Story»

Finland Q3 Growth Revised Up (08 hr(s), 12 min(s), 10 sec(s) ago)
(RTTNews) - Finland's economy exited recession in the third quarter and expanded at a faster t ...Full Story»

India Enters Recession In Sep Qtr (10 hr(s), 27 min(s), 10 sec(s) ago)
(RTTNews) - India's economy entered a recession in the September quarter though the pace of co ...Full Story»

Taiwan Raises 2020 Growth Forecast (10 hr(s), 51 min(s), 10 sec(s) ago)
(RTTNews) - Taiwan upgraded its growth outlook for this year as higher overseas demand for technol ...Full Story»

Italy Producer Prices, Consumer Confidence Falls (10 hr(s), 59 min(s), 10 sec(s) ago)
(RTTNews) - Italy's consumer confidence weakened in November and producer prices continued to ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Korea Retail Sales Dip 0.9% In October

11/29/2020 - 18:20 PM (RTTNews)
(RTTNews) - The total value of retail sales in South Korea was down a seasonally adjusted 0.9 perc ...Full Story>>

South Korea Industrial Production Slips 1.2% In October

11/29/2020 - 18:15 PM (RTTNews)
(RTTNews) - Industrial output in South Korea was down a seasonally adjusted 1.2 percent on month i ...Full Story>>

Japan Data On Tap For Monday

11/29/2020 - 17:30 PM (RTTNews)
(RTTNews) - Japan is scheduled to release a batch of data on Monday, headlining a busy day for Asi ...Full Story>>

India GDP Contraction Slows, Economy Enters Recession

11/27/2020 - 11:08 AM (RTTNews)
(RTTNews) - India's economic contraction slowed sharply in the September quarter, but the econ ...Full Story>>

Finland Q3 Growth Revised Up

11/27/2020 - 10:11 AM (RTTNews)
(RTTNews) - Finland's economy exited recession in the third quarter and expanded at a faster t ...Full Story>>

Do not sell my personal information

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.