The consumer confidence indicator in Sweden dropped to 94.0 in August 2019 from a downwardly revised 96.5 in the previous month, as households' expectations of the Swedish economy became more pessimistic. Consumer Confidence in Sweden averaged 96.75 Index Points from 1993 until 2019, reaching an all time high of 122.40 Index Points in March of 2000 and a record low of 42.90 Index Points in January of 1993.
Consumer Confidence in Sweden is expected to be 94.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Sweden to stand at 101.90 in 12 months time. In the long-term, the Sweden Consumer Confidence is projected to trend around 102.00 Index Points in 2020, according to our econometric models.