The skyline in Sweden

Sweden Economic Sentiment May 2023

Sweden: Economic sentiment improves in May

The economic tendency indicator (ETI) resumed its upward trend in May; it rose to 89.4, up from April’s 87.3, marking the best reading since September 2022. As such, the index moved closer to, but remained below, the 100-point threshold. Readings above 100 indicate stronger economic growth than normal, while readings below 100 indicate weaker economic growth than normal.

The uptick chiefly reflected improving sentiment across all sectors—manufacturing, retail, services and building construction.

Meanwhile, the business confidence subsector indicator increased to 90.6 in May, up from April’s 89.2. Similarly,the consumer confidence sub-indicator rose to 69.5 in May, up from the previous month’s 65.8 reading.

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