Sweden Economic Sentiment Hits Over 4-Year High

2026-10-29 07:08 By Kyrie Dichosa 1 min. read

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.



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