The skyline in Sweden

Sweden Economic Sentiment June 2018

Sweden: Economic sentiment ticks up in June, although consumers grow more pessimistic

The economic tendency indicator rose from 108.6 in May to 108.7 in June. Values above 100.0 indicate stronger economic growth than normal, while values above 110.0 indicate much stronger growth than normal.

June’s uptick came on the back of greater optimism in the construction, retail and services sectors. Sentiment in the construction sector rebounded from a sharp decline in May thanks to fatter order books, while retail sector sentiment improved due to fewer firms reporting excessive stocks, and service sector firms were upbeat regarding demand and business volumes. In contrast, sentiment in the manufacturing sector worsened in June, although it remained strongly positive.

Consumer confidence fell for the seventh straight month, dipping to its lowest level in nearly two years on the back of worsening sentiment regarding households’ own finances and the general economy. Gloominess among consumers is likely being driven by the weaker housing market.

Sweden Fixed Investment Forecast

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