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July 28, 2023
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Sweden GDP -1.37% m-o-m in Jun-23


- Sweden's GDP contracted by 1.37% month-on-month in June 2023, indicating a significant decline in economic output.
- This represents the lowest level of growth since January 2022 and falls 1.09 percentage points below the one-year average and 1.55 percentage points under the long run average.
July 28, 2023
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Sweden unemployment rate 9.2% (consensus 7.6) in Jun-23

- Sweden's unemployment rate unexpectedly rose to 9.2% in June 2023, surpassing both consensus forecasts and previous levels, marking the highest rate since June 2021.
- The elevated unemployment rate in Sweden, which is well above both the one-year average and long-run average, suggests economic challenges.

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