Continued Weak Economic Climate

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As of September 2024, Sweden’s economic situation remains weak. The GDP indicator declined both in September and for the third quarter overall. Unemployment continued to rise; however, there was a positive note with an increase in production within the business sector during September. Frida Olsson, an economist at SCB, stated that the Swedish economy is experiencing nearly zero growth compared to the same period last year.

Economic Indicators

The SCB’s economic clock shows that while the overall climate is weak, there are signs of recovery. In September, six out of thirteen monthly indicators were in a recovery phase, including the GDP indicator.

 

Further information can be found in Statistics Sweden’s periodical, “Sveriges ekonomi – statistiskt perspektiv” (in Swedish) – by pressing here.

 Source: Statistics Sweden.

 

https://www.scb.se/hitta-statistik/statistik-efter-amne/nationalrakenskaper/amnesovergripande-statistik/sveriges-ekonomi-statistiskt-perspektiv/pong/statistiknyhet/sveriges-ekonomi–statistiskt-perspektiv-nr-11-2024/

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