India, July 8 -- Sweden's economy expanded for the third straight month in May, while industrial production grew at a steady pace, separate reports from Statistics Sweden showed on Wednesday.
Gross domestic product advanced 0.9 percent monthly in May, faster than the 0.6 percent rise in April.
The accelerated expansion was driven by higher production among service-producing industries, where information and communication showed particularly strong growth figures, the agency said. Stronger net exports also contributed to overall GDP growth in May.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....