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Sweden Q2 growth revised up, GDP rose 3.4 percent

Staff Writer |
Sweden's economy expanded at a faster pace than estimated earlier, latest data from Statistics Sweden showed.

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Gross domestic product grew 0.5 percent from the first quarter, which was faster than the 0.3 percent expansion estimated earlier. The economy grew 0.4 percent in the first quarter.

On a year-on-year basis, GDP rose 3.4 percent, faster than the initial estimate of 3.1 percent. In the first quarter, growth was 4.2 percent.

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