Sweden Economic Sentiment December 2019

Sweden

Sweden: Economic sentiment falls in December

December 18, 2019

The economic tendency indicator decreased to 93.3 points in December, down from the revised 94.6-point reading in November (previously reported: 94.7 points). Values above 100 indicate stronger economic growth than normal, while values below 100 indicate weaker than normal economic growth.

December’s decrease was largely due to lower confidence among service and manufacturing businesses. On the other hand, confidence among consumers increased in December.

FocusEconomics Consensus Forecast panelists see fixed investment growing 0.1% in 2020, down 0.2 percentage points from last month’s forecast, and 1.9% in 2021.


Author:, Economist

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Sweden Economic Sentiment Chart


Sweden Consumer Confidence December 2019

Note: Economic Tendency Survey Indicator.
Source: National Institute of Economic Research (NIER)


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