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QoQ Change in Quarterly GDP in Sweden

Country:
SEKSweden
Importance:
★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About QoQ Change in Quarterly GDP in Sweden

The quarter-over-quarter Gross Domestic Product (GDP) figure measures the change in Sweden's economic activity compared to the previous quarter. This data, released quarterly by Statistics Sweden (SCB), is crucial for assessing short-term economic trends.

The quarter-over-quarter data helps determine the extent to which the economy is growing or stagnating over a short period. An increase in GDP indicates economic expansion, potentially leading to higher corporate earnings and employment. Conversely, a decrease in GDP suggests economic stagnation or contraction, which may result in lower corporate earnings and employment.

This data is essential for policymakers to evaluate the economy's health and formulate appropriate monetary and fiscal policies. For example, if GDP shows high growth, the central bank might consider raising interest rates to mitigate inflation risks. Conversely, if GDP decreases, there may be a need to enhance economic stimulus measures. For businesses and investors, the GDP data is a vital resource for forecasting economic conditions and making informed investment decisions.

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