Sweden’s economy contracted slightly in June 2026, with GDP falling 0.2% month-over-month, according to data updated on 29 July 2026. The decline marks a clear reversal from May 2026, when GDP posted a 0.9% expansion compared with April, signaling that the brief surge in activity has lost steam.
The figures are based on a month-over-month comparison: the current reading reflects the change in GDP from May to June, while the previous indicator captured the change from April to May. The move from a 0.9% increase to a 0.2% decrease suggests that the Swedish economy may be encountering renewed headwinds after a stronger-than-expected performance in late spring.
Analysts will now be watching upcoming releases closely to determine whether June’s contraction is a temporary setback or the start of a more persistent slowdown in Swedish growth.
