Friday, July 29, 2011

Bloomberg: Swedish Growth Quickens, Signals Rate Increase


Swedish Growth Quickens, Signals Rate Increase

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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