Household consumption in Sweden increased by 1.0 percent from a month earlier in November 2021, the same pace as in the previous month, with upward pressure coming from spending on clothing and footwear (8.7 percent vs 4.7 percent in October), food and beverages (1.6 percent vs 0.7 percent), furniture, furnishings, household equipment and consumables (4.6 percent vs -3.1 percent), post and telecommunications (3.5 percent vs -4.3 percent), recreation and culture, goods and services (1.4 percent vs 0.3 percent), housing and utilities (0.6 percent vs -0.4 percent), and other goods and services (6.4 percent vs 2.2 percent). source: Statistics Sweden

Household Spending MoM in Sweden averaged 0.17 percent from 2000 until 2021, reaching an all time high of 4.20 percent in May of 2021 and a record low of -7.10 percent in April of 2020. This page includes a chart with historical data for Sweden Household Spending MoM. Sweden Household Consumption MoM - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Household Spending MoM in Sweden is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Household Spending MoM is projected to trend around 0.40 percent in 2023 and 0.30 percent in 2024, according to our econometric models.

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Sweden Household Consumption MoM


Sweden Household Consumption MoM
From 2013 onwards Statistics Sweden produces new monthly statistics over household consumption. The statistics are an important indicator for the business cycle because household consumption accounts for 47 percent of the total Gross Domestic Product (GDP).
Actual Previous Highest Lowest Dates Unit Frequency
1.00 1.00 4.20 -7.10 2000 - 2021 percent Monthly
SA

Calendar GMT Actual Previous Consensus TEForecast
2021-12-07 08:30 AM Oct 0.8% 0.1% 0.3%
2022-01-10 08:30 AM Nov 1% 1% 0.5%
2022-02-08 07:00 AM Dec 1%


News Stream
Swedish Household Consumption Rises 1% in November
Household consumption in Sweden increased by 1.0 percent from a month earlier in November 2021, the same pace as in the previous month, with upward pressure coming from spending on clothing and footwear (8.7 percent vs 4.7 percent in October), food and beverages (1.6 percent vs 0.7 percent), furniture, furnishings, household equipment and consumables (4.6 percent vs -3.1 percent), post and telecommunications (3.5 percent vs -4.3 percent), recreation and culture, goods and services (1.4 percent vs 0.3 percent), housing and utilities (0.6 percent vs -0.4 percent), and other goods and services (6.4 percent vs 2.2 percent).
2022-01-11
Swedish Household Consumption Rises Most for 5 Months
Sweden's household consumption rose by 0.8 percent from a month earlier in October 2021, accelerating from a 0.1 percent gain in September. It was the largest increase in consumption since May, as receipts were up at restaurants, cafes, hotels and other accommodation services (6.7 percent vs -1.9 percent in September), clothing and footwear stores (3.7 percent vs -5.6 percent), transport and retail sales and service of motor vehicles (1.2 percent vs -0.6 percent), food and beverages stores (0.7 percent vs 0.6 percent), and recreation and culture, goods and services (0.7 percent, the same as in September).
2021-12-07
Sweden Household Spending Ticks Up in September
Household consumption in Sweden edged up 0.1 percent from a month earlier in September of 2021, following a 0.4 percent drop in the previous month. Spending rebounded for food & beverages (0.8 percent vs -0.1 percent in August); and post & telecommunications (3.8 percent vs -2.1 percent). In addition, spending declined but at a softer pace for restaurants, cafes, hotels & other accommodations (-0.9 percent vs -13 percent). On the other hand, lower consumption was seen in clothing & footwear (-5.5 percent vs 1.3 percent); housing & utilities (-0.1 percent vs 0.5 percent); furniture, furnishings, household equipment and consumables (-1.3 percent vs 0.5 percent); and other goods & services (-0.1 percent vs vs 1.1 percent). On a yearly basis, household consumption grew by 4.3 percent.
2021-11-09