Sweden's GDP Shrinks 0.2% in Q1, Supporting Riksbank's Rate Hold Stance
By
Charlie Duxbury
All dough, no crust. Filling but forgettable.
Summary
Sweden's economy contracted by 0.2% in Q1 2025, the first quarterly decline in a year, matching analyst expectations. This economic slowdown is expected to support the Riksbank's decision to hold off on raising interest rates, as weaker growth reduces pressure for monetary tightening.
Key quotes
· 2 pulledSweden's economy shrank for the first time in a year as analysts expected, likely reassuring the nation's central bank that it can wait before raising interest rates.
Gross domestic product fell 0.2% in the three months through March from the previous quarter when output grew a revised 0.8%.
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