Sweden Business Confidence

The business sentiment index for total industry in Sweden rose to 101.1 in March 2019 from a downwardly revised 98.6 in the prior month. It is the highest reading since December, as sentiment improved among retailers (98.6 from 97.6 in February) and service providers (98.9 from 93.8). On the other hand, confidence weakened among manufacturers (107.5 from 113.0) and constructors (101.5 from 105.8). Business Confidence in Sweden averaged 100 Index Points from 1996 until 2019, reaching an all time high of 119.20 Index Points in November of 2010 and a record low of 65.60 Index Points in March of 2009.

Business Confidence in Sweden is expected to be 99.40 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 98.60 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 102.00 Index Points in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
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	98.9	100.3	102.5
2019-03-27	08:00 AM	Business Confidence	101.1	98.6	99.4
2019-04-25	07:00 AM	Business Confidence		101.1	101.5
2019-05-28	07:00 AM	Business Confidence
2019-06-19	07:00 AM	Business Confidence			96.5

Sweden Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	101.10	98.60	119.20	65.60	Index Points	[+]
Manufacturing PMI	52.80	52.70	70.40	34.00		[+]
Services Pmi	55.30	55.80	67.20	34.50	Index Points	[+]
Industrial Production	2.30	1.00	14.10	-23.90	percent	[+]
Industrial Production Mom	0.40	-0.20	8.70	-7.80	percent	[+]
Manufacturing Production	2.60	1.20	19.20	-23.80	percent	[+]
Capacity Utilization	90.40	91.00	91.20	76.00	percent	[+]
New Orders	98.40	101.80	133.80	73.00	Index Points	[+]
Changes in Inventories	-2909.00	15383.00	34961.00	-26723.00	SEK Million	[+]
Bankruptcies	634.00	576.00	2148.00	276.00	Companies	[+]
Car Registrations	31079.00	23789.00	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	-6.10	-7.00	104.90	-49.80	percent	[+]
Steel Production	409.91	448.37	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	14742.00	16379.00	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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	101.10	98.60	119.20	65.60	1996 - 2019	Index Points	Monthly

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Country	Last		Previous	Range
Australia	0.00	Mar/19	2	21 : -30	Index Points
Brazil	58.40	Apr/19	61.9	68.5 : 35	Index Points
Canada	54.30	Mar/19	50.6	75 : 36.1	Index Points
China	50.50	Mar/19	49.2	59.2 : 38.8	Index Points
Euro Area	0.53	Mar/19	0.69	1.62 : -3.29	Index Points
France	102.00	Mar/19	103	124 : 66	Index Points
Germany	99.60	Mar/19	98.7	110 : 79.7	Index Points
India	113.50	Jun/19	116	128 : 96.4	Index Points
Indonesia	104.71	Dec/18	108	122 : 95.12	Index Points
Italy	100.60	Apr/19	101	122 : 71.6	Index Points
Japan	12.00	Mar/19	19	53 : -58	Index Points
Mexico	51.50	Mar/19	51.4	58.1 : 33.7	Index Points
Netherlands	6.10	Mar/19	6.3	10.9 : -23.5	Index Points
Russia	-2.00	Mar/19	-2	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	28.00	Mar/19	31	92 : 12	Index Points
South Korea	73.00	Mar/19	69	119 : 35	Index Points
Spain	-2.30	Mar/19	-4.7	8.5 : -39	Index Points
Switzerland	97.40	Mar/19	93	119 : 71.8	Index Points
Turkey	102.10	Mar/19	97.2	123 : 52.6	Index Points
United Kingdom	-23.00	Mar/19	-16	55 : -75	Index Points
United States	55.30	Mar/19	54.2	77.5 : 29.4	Index Points