Sweden Consumer Mood Worsens to 5-Month Low
2026-10-29 07:19
By
Czyrill Jean Coloma
1 min. read
Sweden’s household confidence indicator fell to 94.3 in October 2026 from an upwardly revised and near five-year high of 102.3 in September.
It marked the lowest reading since May, as households’ assessment of the economy over the past 12 months turned negative (-10 vs 4 in September), while their expectations for the coming year became significantly more pessimistic (-29 vs -6).
In addition, households’ assessment of their finances over the past 12 months became less positive (8 vs 11), while their expectations for the coming year turned negative (-1 vs 11).
Expectations for unemployment over the next 12 months increased (8 vs 5), while sentiment regarding purchases of capital goods over the same period deteriorated (-13 vs -9).
On the other hand, saving intentions edged higher to 48 from 47 in September.
Households’ assessment of current inflation rose to 7.8% in October from 7.4% in the previous month, while inflation expectations for the next 12 months climbed to 7.7% from 6.3%.