Sweden’s GDP rises 1.9% in March, Q1 slightly down

Sweden’s gross domestic product (GDP) rose 1.9 percent in March 2026, seasonally adjusted, according to the preliminary release of the National Accounts’ GDP indicator. The figure contrasts with the 1.3 percent rise reported in February and the 1.0 percent decline in January. For the first quarter as a whole, GDP was 0.2 percent lower than the preceding quarter. Calendar‑corrected March GDP was 2.5 percent higher than the same month in 2025, while the quarter’s GDP was 1.6 percent above the first quarter of 2025. The indicator combines separate production‑side and consumption‑side estimates, which are then reconciled and adjusted for working days before publication. “Activity in the Swedish economy increased in March after declines in January and February and is now back at a level similar to the end of last year,” said Neda Shahbazi, national economist at SCB. The next update for April will be released on 10 June 2026, with the official Q1 2026 figures expected on 29 May 2026.

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