Sweden's economy grows less than expected

2013-12-01 04:41:23

(MENAFN) Economy of Sweden saw a slight growth, registering a less-than expected rise in the three months to the end of September, according to Iran Daily. Statistics Sweden said that the country's gross domestic product boosted by 0.1 percent during the same quarter. Olle Holmgren, an analyst at SEB AB in Stockholm, said: "The GDP figure is pretty neutral in relation to expectations, so our main case is still for the Riksbank to cut rates in December."

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Sweden's economy grows less than expected

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