Household Spending in Sweden increased 3 percent in July of 2020 over the previous month.

Household Spending in Sweden averaged 0.15 percent from 2000 until 2020, reaching an all time high of 3.80 percent in June of 2020 and a record low of -7.10 percent in April of 2020. This page provides - Sweden Household Consumption MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Household Consumption MoM - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Statistics Sweden

Household Spending in Sweden is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Household Spending in Sweden to stand at 0.60 in 12 months time. In the long-term, the Sweden Household Consumption MoM is projected to trend around 0.50 percent in 2021 and 0.30 percent in 2022, according to our econometric models.

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Sweden Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
3.00 3.80 3.80 -7.10 2000 - 2020 percent Monthly
2010=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-06-10 07:30 AM Apr -4.8% -6.3% -8.6%
2020-07-09 07:30 AM May 1.2% -6.6% 4.2%
2020-08-10 07:30 AM Jun 2.9% 2% 1%
2020-09-10 07:30 AM Jul 3% 3.8% 1%
2020-10-09 07:30 AM Aug 3% -1.2%
2020-11-10 08:30 AM Sep -0.7%
2020-12-10 08:30 AM Oct


News Stream
Swedish Household Consumption Quickens in June
Sweden's household consumption surged 2.9 percent from the previous month in June of 2020, following an upwardly revised 2 percent increase in the previous month. Spending rebounded for restaurants, cafes, hotels, and other accommodation services (27.2 percent vs -12.3 percent in May); food & beverages (2.6 percent vs -0.6 percent) and post & telecommunications (0.3 percent vs -12 percent). In addition, higher consumption was observed for clothing & footwear (8.9 percent vs 0.8 percent).
2020-08-10
Swedish Household Consumption Rebounds in May
Sweden's household consumption rose 1.2 percent from the previous month in May of 2020, rebounding from a downwardly revised record fall of 6.6 percent in the previous month. Spending rebounded for transport and retail sales and service of motor vehicles (3.7 percent vs -22.6 percent in April) and recreation and culture, goods and services (1.1 percent vs -1.1 percent). Also, consumption fell less for clothing and footwear (-0.3 percent vs -6.5 percent); and restaurants, cafes, hotels and other accommodation services (-5.6 percent vs -14.9 percent). Food and beverages purchases were flat (vs -6.2 percent).
2020-07-09
Swedish Household Consumption Tumbles
Sweden's household consumption slumped 4.8 percent from the previous month in April 2020, following March's record fall of 6.3 percent, led by declines in transport and retail sales and service of motor vehicles (-21.8 percent vs -11.3 percent), retail trade, clothing and footwear (-6.7 percent vs -28.2 percent), retail trade, mostly food and beverages (-5.6 percent vs 4.5 percent), recreation and culture, goods and services (-1.5 percent vs -10.3 percent) and restaurants, cafes, hotels and other accommodation services (-0.4 percent vs -30.2 percent). Meanwhile, spending on post and telecommunications jumped 38.7 percent (vs 3.7 percent in March) and that on furniture, furnishings, household equipment and consumables rebounded 4.8 percent (vs -12.2 percent in March).
2020-06-10
Sweden Household Consumption Slumps the Most on Record
Sweden's household consumption declined 5.4 percent from a month earlier in March of 2020, following a 0.4 percent increase in the prior month. This was the steepest decrease in household spending since the series began in February of 2000, as demand was hit by the coronavirus pandemic. The largest declines were recorded for restaurants, cafes, hotels & other accommodation services (-27 percent vs -0.1 percent in February); clothing & footwear (-26.2 percent vs -1.9 percent); furnishings, household equipment & consumables (-13 percent vs 0.8 percent); transport and retail sales & service of motor vehicles (-9.9 percent vs 1.2 percent) and recreation and culture, goods & services (-7.5 percent vs 1.7 percent). In contrast, spending on food & beverages rose faster (4.7 percent vs 0.4 percent).
2020-05-08

Sweden Household Consumption MoM
From 2013 onwards Statistics Sweden produces new monthly statistics over household consumption. The statistics are an important indicator for the business cycle because household consumption accounts for 47 percent of the total Gross Domestic Product (GDP).