Consumer Confidence in Sweden increased to 56.30 points in August from 54.10 points in July of 2022. source: National Institute of Economic Research, Sweden

Consumer Confidence in Sweden averaged 96.76 points from 1993 until 2022, reaching an all time high of 125.20 points in March of 2000 and a record low of 44.40 points in January of 1993. This page provides the latest reported value for - Sweden Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.

Consumer Confidence in Sweden is expected to be 109.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Consumer Confidence is projected to trend around 105.00 points in 2023, according to our econometric models.

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Sweden Consumer Confidence

Calendar GMT Actual Previous Consensus TEForecast
2022-07-28 07:00 AM Jul 54.1 66.5 61
2022-08-30 07:00 AM Aug 56.3 56.1 53.8
2022-09-28 07:00 AM Sep 56.3 54

Related Last Previous Unit Reference
Consumer Confidence 56.30 54.10 points Aug 2022

Sweden Consumer Confidence
In Sweden, the Consumer Confidence indicator is based on a survey of 1500 households that are interviewed each month. The questions cover consumers’ assessment of their personal finances and the Swedish economy, expectations for interest rates and inflation, and plans for major purchases and savings.
Actual Previous Highest Lowest Dates Unit Frequency
56.30 54.10 125.20 44.40 1993 - 2022 points Monthly

News Stream
Swedish Consumer Morale at Over 29-Year Low
The consumer confidence in Sweden fell sharply to 54.1 in July of 2022 from an upwardly revised 66.5 points in June, pointing to the most pessimistic morale among Swedish consumers since March of 1993. Survey respondents indicated a sharp deterioration in households’ financial situation (-17 vs -4 in June), as well in the general view of the country’s economic situation (-80 vs -68). Also, unemployment expectations increased among respondents (33 vs 23) and the willingness to make major purchases now declined markedly (-32 vs -23).
Sweden Consumer Confidence Lowest since 1995
The consumer confidence in Sweden fell to 65.5 in June of 2022, the lowest since April of 1995 from an upwardly revised 71.3 in May. Consumers’ view of whether now is a good time to make major purchases (-23 vs -17) and expectations for their personal finances (-8 vs -3) contributed most to the decline. Decreases were also seen in the general economic situation for the year ahead (-56 vs -51) while inflation expectations reached a record 10.6%.
Sweden Consumer Confidence Lowest since 2008
The consumer confidence indicator in Sweden fell to 70.4 in May of 2022 the lowest since November of 2008, from a downwardly revised 74.5 in the previous month. The Macro Index measuring consumers’ confidence in the Swedish economy fell to 86.4 from 89.8 while the Micro Index summing up how they view their personal finances declined to 69.8 from 75.6.