SCB reports September GDP declined by 0.7 percent seasonally adjusted
Despite the monthly drop, quarterly GDP rose 0.4 percent, driven by August's strong performance and a year-on-year increase of 2.1 percent.
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Swedish national statistical agency
scb.seLast updated
In short: SCB reported strong GDP growth, rising inflation and producer prices, higher employment and falling emissions in 2026.
Despite the monthly drop, quarterly GDP rose 0.4 percent, driven by August's strong performance and a year-on-year increase of 2.1 percent.
Growth was driven by higher private consumption expenditures, fixed investments and exports while inventory reductions counteracted development. Calendar-adjusted GDP increased by 3.3 percent compared to the previous year.
Seasonally adjusted and compared with the previous month. Calendar-adjusted GDP 3.9 percent higher than May 2025.
The GDP indicator shows a 0.5% month-on-month increase, with calendar-adjusted GDP 2.4% higher year-on-year.
According to preliminary SCB figures, KPIF inflation rose to 1.5 percent in September, mainly driven by high energy prices.
More expensive electricity and package tours drove up prices in May, while fuels continue to keep annual inflation up. This is shown by SCB's definitive calculation.
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