The total industry confidence indicator fell to 94 in December 2019 from a downwardly revised 96.7 in the previous month, reaching its lowest level since May 2013 as sentiment deteriorated among retailers (102.5 vs 106.5 in November) and service providers (92.1 vs 94.6). Meantime, confidence improved among manufacturers (96.4 vs 95.7) while was unchanged among constructors (at 103.2).
Business Confidence in Sweden averaged 100 points from 1996 until 2019, reaching an all time high of 119.60 points in November of 2010 and a record low of 65.30 points in March of 2009. This page provides the latest reported value for - Sweden Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: National Institute of Economic Research, Sweden
Business Confidence in Sweden is expected to be 98.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Sweden to stand at 100.00 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 102.00 points in 2020, according to our econometric models.