Macro Comment SwedenSmall GDP rise in Q2 slows growth

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After an unexpectedly strong GDP upsurge in Q1, we forecast a much lower increase in Q2. Since Q1, we expect very little domestic and foreign contribution to demand. From the already poor growth in Q1 of 1.5 percent (y-o-y), our forecast is for further deceleration. Our Q2 estimates point to a meagre Q2 GDP growth rate of 0.8 percent (y-o-y).

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Anders Brunstedt

Economist

Sweden

anbr42@handelsbanken.se

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