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Swedish activity rebounded in the first quarter as GDP rose by 1.7% year-on-year and by 0.6% on the previous quarter. Retail sales volumes continued on their upward trajectory, recording the 19th consecutive month of calendar adjusted growth in May and exceeding most forecasts. Sales increased by 3.1% on the same month last year, boosted by a 5.3% rise in the sale of durable goods.
Source : Cushman & Wakefield
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