Friday, July 29, 2011

Bloomberg: Swedish Growth Quickens, Signals Rate Increase

Swedish Growth Quickens, Signals Rate Increase

Swedish economic growth unexpectedly accelerated in the second quarter, underlining the likelihood that the central bank will press ahead with planned interest- rate increases to cool Europe’s biggest economic expansion.
Gross domestic product grew more than estimated in the three months through June, increasing a seasonally adjusted 1 percent, up from 0.8 percent in the previous quarter, Stockholm- based Statistics Swedensaid today. That compares with a median estimate of 0.6 percent in a survey of 16 economists. Annual growth slowed to 5.3 percent from 6.4 percent in the first three months.

Thursday, July 28, 2011

EU 27: Sweden high population growth rate mostly due to net migration

Luxembourg, Sweden, Malta, Belgium and the United Kingdom recorded the highest population growth rates in 2010 (more than +6.0 per 1 000 inhabitants), more than twice the EU-27 average of +2.8 per 1 000 inhabitants. The highest rates of natural change were seen in Ireland (+10.3 per 1 000 inhabitants) and Cyprus (+5.7), while the highest net migration (including adjustments) was recorded in Luxembourg (+15.1 per 1 000 inhabitants), followed by Malta, Sweden, Italy and Belgium (all above +5.0 per 1 000 inhabitants).

Read more in Eurostat Statistics in Focus (pdf-file)

Sunday, July 3, 2011