Sweden Consumer Morales Hits 8-Month Low

Sweden’s household confidence indicator rose to 92.4 in May 2026, picking up from a revised eight-month low of 91.7 in the previous month. Households became more optimistic about their finances over the next twelve months (7 vs 5 in April), while sentiment toward the broader Swedish economy remained unchanged (-23). Concerns about unemployment over the same period also eased (26 vs 32), and attitudes toward purchasing capital goods turned less pessimistic (-15 vs -17). On the other hand, expectations for personal savings in the coming year edged lower (46 vs 47). On prices, households expected lower inflation over the next twelve months (7.4% vs 7.5%), while their assessment of inflation over the past year moderated (10.2% vs 11.2%). Meanwhile, the variable mortgage interest rate is expected to stand at 3.8% over both the one- and two-year horizons, while the five-year expectation is slightly lower at 3.7%.

Sweden’s household confidence indicator fell to 91.5 in April 2026 from 95.2 in the previous month, marking its lowest level since August 2025. Households grew slightly less optimistic about their personal finances over the next twelve months (5 vs 8 in March), while views on the broader Swedish economy deteriorated more sharply (-24 vs -17). In addition, concerns over unemployment intensified (32 vs 19), and attitudes toward purchasing capital goods became more negative (-16 vs -11). Meanwhile, expectations for personal savings over the coming year improved (47 vs 44). On prices, households now anticipate higher inflation over the next twelve months (6.8% vs 6.4%), while their assessment of inflation over the past year edged up (11.2% vs 11).

Sweden's household confidence indicator fell to 95.2 in March 2026 from a four-month high of 96.3 in the previous month. Households grew slightly less optimistic about their personal finances over the next twelve months (8 vs 9 in February), while views on the broader Swedish economy deteriorated more sharply (-17 vs -10). At the same time, concerns over unemployment intensified (18 vs 12), signaling rising unease about labor market conditions. Expectations for personal savings over the coming year softened (44 vs 47), pointing to a more cautious financial outlook. Meanwhile, attitudes toward purchasing capital goods improved modestly (-11 vs -14). On prices, households now anticipate higher inflation over the next twelve months (7.3% vs 6.6%), while their assessment of inflation over the past year eased (11.0% vs 13.2%).