Sweden Business Confidence

The business sentiment index for total industry in Sweden fell to 100.3 in January of 2019 from a downwardly revised 103.4 in December. It is the fourth straight monthly decline, bringing business confidence to the lowest since August of 2013. Sentiment deteriorated among service providers (95.8 from 98.3 in December), retailers (100.7 from 103.1) and manufacturers (111.3 from 115.3) but rose among constructors (102.3 from 101). Business Confidence in Sweden averaged 100 Index Points from 1996 until 2019, reaching an all time high of 119.10 Index Points in November of 2010 and a record low of 65.70 Index Points in March of 2009.

Business Confidence in Sweden is expected to be 105.40 Index 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 107.00 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 106.00 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2018-10-25	07:00 AM	Business Confidence	106.3	109.7	109.5
2018-11-28	08:00 AM	Business Confidence	104.8	106.0	106
2018-12-19	08:00 AM	Business Confidence	104.1	104.6	104.7
2019-01-30	08:00 AM	Business Confidence	100.3	103.4	103.6
2019-02-27	08:00 AM	Business Confidence		100.3
2019-03-27	07:00 AM	Business Confidence			105.4
2019-04-25	07:00 AM	Business Confidence

Sweden Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	100.30	103.40	119.10	65.70	Index Points	[+]
Manufacturing PMI	51.50	51.80	70.40	34.00		[+]
Services Pmi	54.10	55.80	67.20	34.50	Index Points	[+]
Industrial Production	2.60	1.10	14.10	-23.80	percent	[+]
Industrial Production Mom	1.80	-0.40	8.80	-7.90	percent	[+]
Manufacturing Production	2.70	1.30	19.20	-23.80	percent	[+]
Capacity Utilization	91.00	90.80	91.20	76.00	percent	[+]
New Orders	111.40	111.30	133.80	73.00	Index Points	[+]
Changes in Inventories	15748.00	10593.00	34961.00	-26723.00	SEK Million	[+]
Bankruptcies	623.00	567.00	2148.00	276.00	Companies	[+]
Car Registrations	21117.00	23414.00	67553.00	7205.00		[+]
Internet Speed	22543.09	22846.85	22846.85	4526.74	KBps	[+]
IP Addresses	5500163.00	5448834.00	6962118.00	3403447.00	IP	[+]
Mining Production	-2.60	-1.00	104.90	-49.80	percent	[+]
Steel Production	402.18	313.58	564.00	11.00	Thousand Tonnes	[+]
Competitiveness Index	81.66	81.58	81.66	5.40	Points	[+]
Competitiveness Rank	9.00	9.00	10.00	2.00		[+]
Business Inventories	3658.82	-4630.28	18820.86	-15697.46	SEK Million	[+]
Ease of Doing Business	12.00	10.00	18.00	9.00		[+]
Electricity Production	15937.00	14135.00	16434.00	8753.00	Gigawatt-hour	[+]
Corruption Index	85.00	84.00	95.00	84.00	Points	[+]
Corruption Rank	3.00	6.00	6.00	1.00		[+]

In Sweden, the confidence indicator for the business sector is intended to provide a quick qualitative indication of actual outcomes, current situation and future expectations of Swedish companies. The variables in the survey include new orders, output, and employment. The survey covers 6,000 firms in the business sector. 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. Sweden Business Confidence - actual data, historical chart and calendar of releases - was last updated on February of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	100.30	103.40	119.10	65.70	1996 - 2019	Index Points	Monthly

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Country	Last		Previous	Range
Australia	4.00	Jan/19	3	21 : -30	Index Points
Brazil	64.70	Jan/19	63.8	68.5 : 35	Index Points
Canada	54.70	Jan/19	59.7	75 : 36.1	Index Points
China	49.50	Jan/19	49.4	59.2 : 38.8	Index Points
Euro Area	0.69	Jan/19	0.86	1.62 : -3.29	Index Points
France	103.00	Jan/19	103	124 : 66	Index Points
Germany	99.10	Jan/19	101	110 : 80.2	Index Points
India	116.20	Mar/19	115	128 : 96.4	Index Points
Indonesia	104.71	Dec/18	108	122 : 95.12	Index Points
Italy	102.10	Jan/19	103	122 : 71.5	Index Points
Japan	19.00	Dec/18	19	53 : -58	Index Points
Mexico	50.80	Jan/19	49.2	58.1 : 33.7	Index Points
Netherlands	5.80	Jan/19	7.5	10.9 : -23.5	Index Points
Russia	-2.00	Jan/19	-8	7 : -20	Index Points
Saudi Arabia	3.00	Jun/16	-12	63 : -12	Index Points
Singapore	-14.00	Dec/18	-1	54 : -57	Index Points
South Africa	31.00	Dec/18	34	91 : 10.2	Index Points
South Korea	67.00	Jan/19	71	119 : 35	Index Points
Spain	-4.10	Jan/19	-2.8	8.5 : -39	Index Points
Switzerland	95.00	Jan/19	96.4	119 : 70.7	Index Points
Turkey	93.00	Jan/19	91.5	123 : 52.6	Index Points
United Kingdom	-23.00	Mar/19	-16	55 : -75	Index Points
United States	56.60	Jan/19	54.3	77.5 : 29.4	Index Points