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One of Stockholm’s most popular attractions is a guided tour of the Soedermalm district streets featured in Stieg Larsson’s bestselling book “The Girl With The Dragon Tattoo.” Buying a home in the former working-class neighborhood is far less accessible.
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Sweden’s consumer prices declined less than estimated last month as prices on food and household goods rose.
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Sweden’s industrial production unexpectedly fell in April as domestic demand faltered.
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Sweden’s krona weakened to its lowest level against the euro in almost five months in Stockholm trading after industrial production unexpectedly declined in April, putting pressure on the Riksbank to cut rates in July.
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Following is a summary of April industrial production from the Swedish Statistics Institute in Stockholm:
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Sweden’s economy grew twice as fast as predicted in the first quarter, sapping speculation that the central bank will need to cut interest rates at its July meeting.
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Swedish retail sales growth accelerated less than estimated in April as high unemployment weighs on consumer sentiment in the largest Nordic economy.
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Sweden’s industry will reduce investments by 10 percent this year as the European sovereign- debt crisis curbs demand for products from the export-reliant Nordic economy, Statistics Sweden said.
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Swedish unemployment stayed unchanged last month as companies have cut jobs to cope with a strengthening krona and faltering demand from the recession- burdened euro area.
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Swedish consumer prices fell more than estimated in April as a strengthening krona last month killed inflation in the largest Nordic economy.
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