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Swedish Construction Output YoY (Nov) Y/Y 1% vs. Exp. 3.0% (Prev. 3.6% )

Newsquawk Staff ·

Swedish Construction Output YoY (Nov) Y/Y 1% vs. Exp. 3.0% (Prev. 3.6% )

What it means

Swedish construction output for November came in at 1% year-on-year, significantly below the expected 3% and down from the previous 3.6%. This miss suggests a cooling in the construction sector, which could have implications for broader economic activity and may influence monetary policy considerations going forward.

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