Sweden enters recession with GDP shrinking 0.3 pct in Q3

  • World

  • Thursday, 30 Nov 2023

STOCKHOLM, Nov. 29 (Xinhua) -- The Swedish economy is in recession following a contraction in the third quarter (Q3), according to official statistics released on Wednesday.

The gross domestic product (GDP) decreased by 0.3 percent in Q3 compared with the previous quarter and by 1.4 percent compared with Q3 in 2022, Statistics Sweden said.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World
Brazil's Bolsonaro to leave prison for surgical procedure
Russia needs 44,000 drone specialized professionals: industry ministry
New report details atmospheric impacts of 2022 Hunga volcano eruption
UN demands Rwanda leave Congo, extends UN peacekeeping mission
U.S. stocks close higher
Azerbaijan extends special quarantine regime until April 2026
U.S. dollar ticks up
Crude futures settle higher
Russia lowers oath-taking age for citizenship to 14 years old
US intelligence indicates Putin's war aims in Ukraine are unchanged

Trending in News

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.