Du måste aktivera javascript för att sverigesradio.se ska fungera korrekt och för att kunna lyssna på ljud. Har du problem med vår sajt så finns hjälp på http://kundo.se/org/sverigesradio/

Economic growth revised down to 5.1%

Published onsdag 20 september 2006 kl 12.54
New figures confirm that incoming PM, Fredrik Reinfeldt, really did inherit a strong economy

Sweden’s second quarter gross domestic product (GDP) growth was revised down slightly to 5.1 percent year-on-year, on Wednesday, but the data suggests the economy is still steaming ahead.

The figures from Statistics Sweden seem to reconfirm that the new centre-right government of Fredrik Reinfeldt has inherited a strong economy which allows scope for planned income and real estate tax cuts.

According to the report, second quarter growth, which was revised down from 5.5 percent, was driven mainly by strong domestic demand and high investments.

Swedes are buying more - household consumption rose 3.2 percent year-on-year, while investments jumped 7.9 percent.

Reinfeldt’s Alliance of centre right parties won Sunday’s election mainly on promises to create more jobs. While growth has surged over the last 18 months, productivity has also risen, meaning people are working more and companies have not needed to take on more workers.

Today’s report suggests that trend is continuing with the number of employed rising only 1.8 percent, while hours-worked rose by 1.6 percent.

Meanwhile, Sweden’s National Institute of Economic Research said that if workers and employers showed restraint in setting wages over the next couple of years, the Moderate-led government could see its job promises realised.

Our journalism is based on credibility and impartiality. Swedish Radio is independent and not affiliated to any political, religious, financial, public or private interests.
Har du frågor eller förslag gällande våra webbtjänster?

Kontakta gärna Sveriges Radios supportforum där vi besvarar dina frågor vardagar kl. 9-17.

Du hittar dina sparade avsnitt i menyn under "Min lista".