The skyline in Sweden

Sweden Economic Sentiment January 2018

Sweden: Economic sentiment dips in January but remains elevated

The economic tendency indicator declined from a revised 112.0 in December (previously reported: 112.5) to 110.2 in January according to the National Institute of Economic Research (NIER). However, the indicator still remained elevated, and marked the tenth successive month above 110.0. Values above 100.0 indicate stronger growth than normal, while values above 110.0 indicate much stronger growth than normal.

January’s drop was driven by less optimistic sentiment in the manufacturing and private service sectors. The drop in the manufacturing sub-index was largely due to firms’ less optimistic views regarding order books, while private service sectors grew slightly less positive about demand and operations. However, both sectors—along with building and retail—remained firmly in positive territory, signaling continuing growth. Consumer confidence inched down in January, although households’ view of their personal finances improved further.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest