Sweden’s Economic Tendency Indicator rose to 108.1 in October 2026 from 107.2 in September, marking a fourth consecutive month of stronger-than-normal economic sentiment. It also reached its highest level since May 2022, as the manufacturing confidence indicator rose sharply to its highest level in over four years, supported by stronger production plans and improved assessments of order books. The services confidence indicator also increased, continuing its upward trend since March, while the construction confidence indicator remained unchanged. The trade confidence indicator was broadly stable at a level indicating substantially stronger-than-normal sentiment for a fourth straight month. Meanwhile, the consumer confidence indicator fell sharply to its June 2026 level, driven by deteriorating expectations for households’ finances and the Swedish economy over the next 12 months. Firms’ pricing plans also strengthened, indicating price increases to a greater extent than normal. source: National Institute of Economic Research (NIER)

Leading Economic Index Sweden increased to 108.10 in October of 2026 over the same month in the previous year. Leading Economic Index in Sweden averaged 100.00 index points from 1996 until 2026, reaching an all time high of 122.80 index points in October of 2021 and a record low of 60.50 index points in April of 2020. This page includes a chart with historical data for Sweden Leading Economic Index. Sweden Economic Tendency Indicator - values, historical data and charts - was last updated on November of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-29 06:00 AM
Economic Tendency Indicator
Sep 107.1 105.1 105
2026-10-29 07:00 AM
Economic Tendency Indicator
Oct 108.1 107.2 106.4
2026-11-27 07:00 AM
Economic Tendency Indicator
Nov 108.1


Sweden Economic Tendency Indicator
In Sweden, the Economic Tendency Indicator aims to measure current sentiment in the Swedish economy. This indicator is based on the information contained in the confidence indicators for the manufacturing industry, the service sector, the building and civil engineering industry, the retail trade, and consumers. The different sectors have been weighted to reflect their impact on economic activity best: manufacturing 40 percent, services 30 percent, construction 5 percent, retail 5 percent, and consumers 20 percent. The EU uses the same weights to calculate the ESI.
Actual Previous Highest Lowest Dates Unit Frequency
108.10 107.20 122.80 60.50 1996 - 2026 index points Monthly
SA

News Stream
Sweden Economic Sentiment Hits Over 4-Year High
Sweden’s Economic Tendency Indicator rose to 108.1 in October 2026 from 107.2 in September, marking a fourth consecutive month of stronger-than-normal economic sentiment. It also reached its highest level since May 2022, as the manufacturing confidence indicator rose sharply to its highest level in over four years, supported by stronger production plans and improved assessments of order books. The services confidence indicator also increased, continuing its upward trend since March, while the construction confidence indicator remained unchanged. The trade confidence indicator was broadly stable at a level indicating substantially stronger-than-normal sentiment for a fourth straight month. Meanwhile, the consumer confidence indicator fell sharply to its June 2026 level, driven by deteriorating expectations for households’ finances and the Swedish economy over the next 12 months. Firms’ pricing plans also strengthened, indicating price increases to a greater extent than normal.
2026-10-29
Sweden Economic Confidence Strongest in Over 5 Years
Sweden’s Economic Tendency Indicator increased for a fifth straight month to 107.1 in September 2026 from 105.1 in August, marking its highest reading since May 2022 and indicating stronger-than-normal sentiment in the economy. The Business Sector Indicator rose to 109.3 from 107.5, with confidence strengthening in construction and services, while manufacturing was broadly unchanged at 106.3. Consumer confidence also rose sharply to 102.2 from 98.4, reaching its highest level since December 2021, driven by stronger assessments of households’ finances and the Swedish economy. Trade confidence eased to 112.1 from 113.7 but remained markedly stronger than normal. Meanwhile, firms’ production expectations strengthened, although more manufacturers reported excessive stocks of finished goods. Firms’ pricing plans continued to indicate price increases above normal levels.
2026-09-29
Swedish Economic Confidence Highest Since 2022
Sweden’s Economic Tendency Indicator increased for a fourth straight month to 105.1 in August 2026 from a downwardly revised 104.6 in the previous month, marking the highest level since June 2022. The reading signaled a stronger-than-normal business climate. All retail subsectors reported stronger or much stronger sentiment than normal (117.6 vs 115.6), with the most positive signals coming from the durable consumer goods trade. The manufacturing confidence indicator declined marginally (107.1 vs 107.5), as firms' assessments of current order books and stocks of finished goods weakened. Meanwhile, the confidence indicator for construction declined in August but continued to indicate a normal level of sentiment (98.0 vs 99.2). Business price plans increased in manufacturing and construction, while marginal declines were recorded in the retail and services sectors. However, manufacturing is the only sector in which price plans remain significantly above normal.
2026-08-28