Household consumption in Sweden went up 0.7 percent from a month earlier in July of 2021, after a downwardly revised 0.3 percent increase in the previous month. Spending increased at an accelerated pace in restaurants, cafes, hotels and other accommodation services (41 percent vs 15 percent in June). Moreover, spending rebounded for recreation and culture, goods and services (0.6 percent vs -2 percent); and housing & utilities (0.74 percent vs -1.2 percent). Meanwhile, consumption decreased in: food & beverages ( -1.3 percent vs 1.4 percent); clothing and footwear (-1.2 percent vs 2.7 percent); transport, retail sales & service of motor vehicles (-0.7 percent vs 1.1 percent); and furniture, furnishings, household equipment and consumables (-1.8 percent vs -4.3 percent). On a yearly basis, household consumption grew by 6.4 percent. source: Statistics Sweden

Household Spending in Sweden averaged 0.16 percent from 2000 until 2021, reaching an all time high of 4.50 percent in May of 2021 and a record low of -6.80 percent in April of 2020. This page provides - Sweden Household Consumption MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Household Consumption MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Household Spending in Sweden is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Household Consumption MoM is projected to trend around 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.

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Sweden Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.30 4.50 -6.80 2000 - 2021 percent Monthly
2010=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-08 07:30 AM Apr -5.1% 0.7% 0.8%
2021-07-07 07:30 AM May 2.6% -5.4% 4.5%
2021-08-10 07:30 AM Jun 0.5% 4.5% 0.9%
2021-09-08 07:30 AM Jul 0.7% 0.3% 0.9%
2021-10-06 07:30 AM Aug 0.7% 0.4%
2021-11-10 08:30 AM Sep
2021-12-10 08:30 AM Oct


News Stream
Sweden Household Consumption Rises 0.7% in July
Household consumption in Sweden went up 0.7 percent from a month earlier in July of 2021, after a downwardly revised 0.3 percent increase in the previous month. Spending increased at an accelerated pace in restaurants, cafes, hotels and other accommodation services (41 percent vs 15 percent in June). Moreover, spending rebounded for recreation and culture, goods and services (0.6 percent vs -2 percent); and housing & utilities (0.74 percent vs -1.2 percent). Meanwhile, consumption decreased in: food & beverages ( -1.3 percent vs 1.4 percent); clothing and footwear (-1.2 percent vs 2.7 percent); transport, retail sales & service of motor vehicles (-0.7 percent vs 1.1 percent); and furniture, furnishings, household equipment and consumables (-1.8 percent vs -4.3 percent). On a yearly basis, household consumption grew by 6.4 percent.
2021-09-08
Sweden Household Spending Rises at Slower Pace
Household consumption in Sweden went up 0.5 percent from a month earlier in June of 2021, after a revised record 4.5 percent jump in May. Spending increased less for food & beverages (1.6 percent vs 2.4 percent in May) and transport, retail sales & service of motor vehicles (0.9 percent vs 4 percent); while it fell for furniture, furnishings, household equipment and consumables (-2.6 percent vs 4.7 percent); recreation and culture, goods and services (-2.6 percent vs 4.7 percent) and housing & utilities (-0.1 percent vs -0.7 percent). On a yearly basis, household consumption grew by 7.3 percent.
2021-08-10
Sweden Household Spending Growth at 4-Month High
Household consumption in Sweden rose 2.6 percent from a month earlier in May of 2021, after an upwardly revised 5.4 percent decline in April. This was the steepest increase in household spending since January. Year-on-year, household spending advanced 8.8 percent, with transport and retail sales and service of motor vehicles making the biggest positive contribution.
2021-07-07
Sweden Household Consumption Reverses Course in April
Household consumption in Sweden sank 5.1 percent from a month earlier in April of 2021, following an upwardly revised 0.7 percent growth in March. It is the biggest decline since a record drop in April last year, due to coronavirus restrictions. Year-on-year, household spending increased 7.5 percent, with transport and retail sales and service of motor vehicles making the biggest positive contribution.
2021-06-08

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).