Financial News: Swedish GDP Contracts In July, Industrial Output Growth

Swedish GDP Contracts In July, Industrial Output Growth Eases

09/10/2025 - 04:52:00 (RTTNews)

(RTTNews) - Sweden's economy contracted in July, while industrial production expanded at a slower pace, separate reports from Statistics Sweden showed on Wednesday.

Gross domestic product dropped 0.2 percent month-on-month in July, reversing a 1.4 percent rebound in the previous month.

"GDP decreased slightly in July, partially driven by lower production in the goods industries and weaker net export of goods," Neda Shahbazi, an economist at Statistics Sweden, said.

On a yearly basis, GDP grew 2.0 percent in July, slower than the 2.7 percent expansion a month ago.

Another report showed that industrial production advanced 3.8 percent annually in July, though much slower than the 13.8 percent surge in the prior month.

Production in the service sector rose by 4.7 percent, and the output produced in the utility sector recovered strongly by 5.3 percent. Data showed the decline in construction production deepened to 4.5 percent from 0.6 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Denmark Inflation Eases To 2.0% (04 min(s), 27 sec(s) ago)
(RTTNews) - Denmark's consumer price inflation softened for the first time in five months in A ...Full Story»

Norway Inflation Rises To 3.5% (06 min(s), 27 sec(s) ago)
(RTTNews) - Norway's consumer prices rose to the highest level in more than a year in August, ...Full Story»

Turkey Industrial Output Growth Eases In July (24 min(s), 27 sec(s) ago)
(RTTNews) - Turkey's industrial production growth eased in July from a 5-month high in the pre ...Full Story»

Italy Industrial Output Unexpectedly Rises 0.4% (02 hr(s), 01 min(s), 27 sec(s) ago)
(RTTNews) - Italy's industrial production increased for the second straight month in July, the ...Full Story»

Spain Industrial Output Growth Accelerates (02 hr(s), 02 min(s), 27 sec(s) ago)
(RTTNews) - Spain industrial production grew the most in nine months in July, the statistical offi ...Full Story»

Swedish GDP Contracts In July, Industrial Output Growth Eases (02 hr(s), 33 min(s), 27 sec(s) ago)
(RTTNews) - Sweden's economy contracted in July, while industrial production expanded at a s ...Full Story»

China Falls Back Into Deflation; PPI Continues To Decline (03 hr(s), 27 min(s), 27 sec(s) ago)
(RTTNews) - China's consumer prices declined more than expected in August on weaker demand and ...Full Story»

Finland Industrial Output Falls Most In 14 Months (03 hr(s), 31 min(s), 27 sec(s) ago)
(RTTNews) - Finland's industrial production declined at the steepest pace in more than a year ...Full Story»