External broker reports, Nordea

Nordea

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External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Numbers out this morning show thatGDPdeclined somewhat in May.</li><li>SCB’s monthly indicator fell in May by -0.2% m/m and was revised down in April to +0.2% (previously +0.4%).Household consumptiondeclined by a hefty -1.2% on the month, which could be attributed to temporary factors such as a late Easter and colder weather.</li><li>Notably, clothing and footwear consumption plummeted by -10.2% m/m while housing, electricity, gas and heating rose by 0.9% m/m in May.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Numbers out this morning show thatGDPdeclined somewhat in May.SCB’s monthly indicator fell in May by -0.2% m/m and was revised down in April to +0.2% (previously +0.4%).Household consumptiondeclined by a hefty -1.2% on the month, which could be attributed to temporary factors such as a late Easter and colder weather.Notably, clothing and footwear consumption plummeted by -10.2% m/m while housing, electricity, gas and heating rose by 0.9% m/m in May.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sweden: Weak consumption