Review: Sweden: Surprising GDP GDP came to 0.6% – while 0.3% had been expected. Y/y the increase was 1.7% against the expected 1.4%. Hence, GDP was a positive surprise, which made SEK increase by more than half a point. If we look at the sub-components we are slightly more reluctant, as the reason behind the rise in net exports is based on a more significant decline in imports than exports. In addition, industrial inventories are increasing and corporate investments are falling. These are all
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EURPLN – From Sell to Buy