Sweden Trade Surplus Shrinks In March

Sweden's overseas commercialized surplus decreased notably successful March from a twelvemonth agone arsenic exports fell faster than imports, figures from Statistics Sweden showed connected Friday.

The commercialized surplus dropped to SEK 4.8 cardinal successful March from SEK 10.6 cardinal successful the corresponding period past year. In February, the surplus was SEK 10.9 billion.

The worth of exports plunged 11.0 percent successful March from past year, and imports slid by 8.1 percent.

The non-EU commercialized equilibrium showed a surplus of SEK 23.0 cardinal successful March, while the commercialized equilibrium with the EU revealed a shortage of SEK 18.2 billion.

On a seasonally adjusted basis, the commercialized surplus was SEK 3.4 cardinal successful March, compared to SEK 4.0 cardinal successful the erstwhile month.

Separate authoritative information showed that household lending accrued astatine a faster complaint of 0.6 percent annually successful March versus a 0.4 percent emergence a period ago.

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