Exchange Rate in Sweden
Sweden - Exchange RateActivity picked up in Q3, according to a preliminary reading, with growth accelerating from Q2’s mild rise. The upturn likely came on the back of improving private consumption and a robust external sector: Merchandise exports grew at a double-digit rate in annual terms across July–September as restrictions were generally eased in key international markets. Momentum likely rolled over into Q4, as evidenced by the economic tendency indicator rising back towards its record high in October amid improving business confidence. Moreover, PMI readings for both the manufacturing and services sectors remained well within expansionary territory in October. Regarding the pandemic, while daily cases remain relatively low and inoculation rates are above the EU average, concern over spiking infections in northern Europe recently prompted authorities to introduce a vaccination pass for large public gatherings.
Sweden - Exchange Rate Data
|Exchange Rate (vs USD)||8.45||9.11||8.20||8.85||9.36|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Exchange Rate Chart
Source: Thomson Reuters.
|Bond Yield||0.15||-4.79 %||Jan 01|
|Exchange Rate||9.36||-0.20 %||Jan 01|
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November 15, 2021
Consumer prices with a fixed interest rate increased 0.23% in October over the previous month, moderating from September's 0.53% rise.
November 9, 2021
Industrial output dropped 0.4% in month-on-month seasonally-adjusted terms in September, which was a smaller contraction than August's 2.2% decrease.
October 28, 2021
The economic tendency indicator (ETI) increased slightly in October, rising to 120.0 from 119.4 in September, and so pushed back towards the historically high level hit in July.
October 14, 2021
Consumer prices with a fixed interest rate increased 0.53% in September over the previous month, matching August's reading.
October 7, 2021
Industrial production decreased 2.6% month-on-month in seasonally-adjusted terms in August (July: -0.4% mom).