Business Confidence in Sweden decreased to 102.40 points in August from 108 points in July of 2022. source: National Institute of Economic Research, Sweden

Business Confidence in Sweden averaged 100.03 points from 1996 until 2022, reaching an all time high of 120.20 points in July of 2021 and a record low of 56.20 points in April of 2020. This page provides the latest reported value for - Sweden Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Business Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Business Confidence in Sweden is expected to be 110.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Business Confidence is projected to trend around 106.00 points in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Sweden Business Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-07-28 07:00 AM Jul 108 110.9 107
2022-08-30 07:00 AM Aug 102.4 107.7 106.8
2022-09-28 07:00 AM Sep 102.4 102

Related Last Previous Unit Reference
Business Confidence 102.40 108.00 points Aug 2022

Sweden Business Confidence
In Sweden, the confidence indicator for the business sector is intended to provide a quick qualitative indication of actual outcomes, current situation and future expectations of Swedish companies. The variables in the survey include new orders, output, and employment. The survey covers 6,000 firms in the business sector.
Actual Previous Highest Lowest Dates Unit Frequency
102.40 108.00 120.20 56.20 1996 - 2022 points Monthly

News Stream
Swedish Business Morale at 16-Month Low
Business confidence in Sweden fell to 108.0 points in July of 2022 from a downwardly revised 110.9 in the previous month. It was the lowest reading since March of last year, as sentiment waned in most sectors, notably among commercial traders (97.1 vs 105.4 in June); constructors (100.6 vs 102.8); service providers (105.4 vs 106.8); and manufacturers (119.4 vs 120.6).
Swedish Business Morale Weakens to 5-Month Low
Business confidence in Sweden fell to 111.6 points in June of 2022 from a downwardly revised 114.7 in the previous month. It was the lowest reading since January, as sentiment waned across the board, led by retailers (105.3 vs 111 in May), service providers (107.4 vs 109.4), constructors (103.5 vs 105) and manufacturers (120.6 vs 125).
Sweden Business Confidence Rebounds in May
Business confidence in Sweden increased to 115.1 points in May of 2022 from a downwardly revised 114.5 in the previous month. Sentiment improved among manufacturers (125.5 vs 121.3), due to low stock levels and strong order books; and retailers (112.1 vs 110.5) amid stronger expectations for sales volumes in the coming months. On the other hand, sentiment was little changed for service providers (109.7). Firms in the hotel and restaurant industry have been hit hard in recent years, but their view of business volumes has improved strongly over the past three surveys and has not been as positive since 2008. Finally, sentiment fell for constructors (108.2 vs 107), as firms were less positive about their order books.