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Advertising market continues to grow in Sweden

The Local Sweden
The Local Sweden - [email protected]
Advertising market continues to grow in Sweden

Spending on advertising in the second quarter of the year was up 9% compared to the second quarter of 2004. Total expenditure hit 7.3 billion kronor, according to figures from the Institute for Advertising and Media Statistics.

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Internet advertising enjoyed the greatest surge, with a 36% rise, year-on-year. Both banner ads and search word marketing increased by over 50%, taking the internet's share of ad revenue to 5.6%.

Advertising in the major Swedish papers also increased dramatically after almost five years of negative growth.

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