Household consumption in Sweden fell by 0.4% month-over-month in April of 2022, following a small 0.1% rise in the previous month. Compared to April 2021, spending rose 7.5%, with restaurants, cafes, hotels and other accommodation services accounting for the largest positive contribution and rising by 48.2%. In contrast, consumption of furniture, furnishings, household equipment and consumables recorded the only decrease (-4.1%). source: Statistics Sweden
Household Spending MoM in Sweden averaged 0.17 percent from 2000 until 2022, reaching an all time high of 4.40 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 June of 2022.
Household Spending MoM in Sweden is expected to be 0.60 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 0.40 percent in 2023 and 0.30 percent in 2024, according to our econometric models.