The consumer confidence index in Sweden rose 3.1 points from a month earlier to 93.8 in June 2019, still missing market expectations of 95.2. Households' sentiment regarding their own finances improved, together with the attitude towards capital goods purchases at the moment. On the other hand, the view of the Swedish economy contributed to the downside.Consumer Confidence in Sweden increased to 93.80 Index Points in June from 91 Index Points in May of 2019. Consumer Confidence in Sweden averaged 96.74 Index Points from 1993 until 2019, reaching an all time high of 122.30 Index Points in March of 2000 and a record low of 43 Index Points in January of 1993.
Consumer Confidence in Sweden is expected to be 92.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Sweden to stand at 102.50 in 12 months time. In the long-term, the Sweden Consumer Confidence is projected to trend around 102.00 Index Points in 2020, according to our econometric models.