The total industry confidence indicator in Sweden decreased for a second month in a row to 92.6 in December 2020, moving further away from October's eight-month high of 95.2, as a second wave of coronavirus infections forced the country to impose new restriction measures. Sentiment deteriorated among manufacturers (106.9 vs 109.9 in November), retailers (97.5 vs 99.7) and service providers (86.4 vs 88.6). Meanwhile, morale among constructors improved (95.6 vs 94.9). source: National Institute of Economic Research, Sweden
Business Confidence in Sweden averaged 100 points from 1996 until 2020, reaching an all time high of 118.40 points in November of 2010 and a record low of 57.60 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on January of 2021.
Business Confidence in Sweden is expected to be 92.50 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 87.00 in 12 months time. In the long-term, the Sweden Business Confidence is projected to trend around 91.00 points in 2021 and 95.00 points in 2022, according to our econometric models.