Consumer confidence in Sweden decreased to 83.3 in July of 2020 from an upwardly revised 84.1 in June, remaining at very low levels. The decline is explained in particular by households' more negative attitude towards capital goods purchases at present, but also by a more negative view of the Swedish economy now.

Consumer Confidence in Sweden averaged 96.92 points from 1993 until 2020, reaching an all time high of 122.60 points in March of 2000 and a record low of 43.50 points in January of 1993. This page provides the latest reported value for - Sweden Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: National Institute of Economic Research, Sweden

Consumer Confidence in Sweden is expected to be 75.00 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 88.00 in 12 months time. In the long-term, the Sweden Consumer Confidence is projected to trend around 91.00 points in 2021 and 94.00 points in 2022, according to our econometric models.

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Sweden Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
83.30 84.10 122.60 43.50 1993 - 2020 points Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-04-23 07:00 AM Apr 73.9 89.4 82
2020-05-28 07:00 AM May 77.3 74.2 75
2020-06-24 07:00 AM Jun 84 77.7 85
2020-07-29 07:00 AM Jul 83.3 84.1 81.6
2020-08-27 07:00 AM Aug 83.3
2020-09-29 07:00 AM Sep 75
2020-10-28 08:00 AM Oct
2020-11-26 08:00 AM Nov


News Stream
Sweden Consumer Morale Remains Weak
Consumer confidence in Sweden decreased to 83.3 in July of 2020 from an upwardly revised 84.1 in June, remaining at very low levels. The decline is explained in particular by households' more negative attitude towards capital goods purchases at present, but also by a more negative view of the Swedish economy now.
2020-07-29
Sweden Consumer Sentiment Remains Weak in June
Consumer confidence in Sweden increased to 84 in June of 2020 from an upwardly revised 77.7 in May but remained at very low levels. All the included questions in the indicator contributed to the increase, in particular households became less pessimistic about the development of the Swedish economy in the next twelve months.
2020-06-24
Sweden Consumer Confidence Edges Up in May
Consumer confidence in Sweden increased to 77.3 in May of 2020 from an upwardly revised 73.9 in April, but remained at very low levels. The increase was chiefly a consequence of consumers being more optimistic about their personal finances over the coming year, but also to them being less negative about whether now is a good time to make major purchases.
2020-05-28
Sweden Consumer Sentiment Weakest since 2008
The consumer confidence indicator in Sweden fell 15.5 points from the previous month to 73.9 in April of 2020, the lowest level since November of 2008, as the coronavirus crisis has intensified and households worry about its impact on their own finances, jobs and economy.
2020-04-23

Sweden Consumer Confidence
In Sweden, The Consumer Confidence Indicator (CCI) provides a quick qualitative indication of household plans to purchase durable goods and consumer sentiment on the economic situation in Sweden, personal finances, inflation and savings. The survey covers a sample of 1,500 Swedish households which are interviewed each month.