Sweden defies recession forecasts as economy sees surprise upturn

Sweden defies recession forecasts as economy sees surprise upturn

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The top Nordic economy expanded by 0.6 percent in the first three months of the year, avoiding a technical recession following a 0.2 percent contraction in the fourth quarter of 2022. "The upturn is mainly explained by an increase in inventories and by a strong growth in the export of goods,"…

#nordic #statisticssweden #swedish

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