Refused from Quarantine Sweden surpassed expectations

Sweden, who abandoned quarantine, returned to itself a dagedmium GDP and exceeded analysts. Success in the Kingdom Economy is due to the growth of exports and internal consumption, Bloomberg writes.

For the last three months, Swedish GDP rose by 0.8 percent compared with the previous quarter, instead of 0.7 percent predicted by the central bank. The positive trend was ensured by an increase in exports and consumer demand within the country by 0.5 percent.

Analysts of one of the largest national swedbank banks stated that GDP returned to the value to COVID-19 “Much faster than expected” with the help of a debugged payout system to the population, the development of technologies that allowed the Swedes to switch to the remote.

During the Pandemic, Sweden became the only country of Europe and one of the few in the world, where the authorities refused to announce Lockuna, hoping to form collective immunity. The restrictions were introduced carefully, so as not to wrap the economy.