Nordic & Swiss Economics

Nordic & Swiss Chart Book

12 June, 2019

GDP growth set to slow in Q2

Q1 GDP data for Switzerland and the Nordic economies were a mixed big and proved the adage that the devil is in the detail. Switzerland and Sweden both posted the same headline growth rate (0.6% q/q). But while the breakdown of the former’s growth was broadly encouraging, the gain in Sweden was flattered by a sharp fall in imports. Meanwhile, the 0.3% increase in mainland Norwegian GDP in Q1 was weaker than we had expected but was skewed by a temporary weather-related fall in electricity productio

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