Sweden's household consumption went down 0.6 percent from a month earlier in November of 2020, following an upwardly revised 0.2 percent increase in the prior month. It was the first decrease in household consumption since April last year, as spending fell markedly at restaurants, cafes, hotels and other accommodation services (-21.5 percent vs 4.5 percent) and for clothing & footwear (-9.6 percent vs -0.4 percent). source: Statistics Sweden
Household Spending in Sweden averaged 0.15 percent from 2000 until 2020, reaching an all time high of 3.50 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 January of 2021.
Household Spending in Sweden is expected to be 1.00 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 0.50 in 12 months time. In the long-term, the Sweden Household Consumption MoM is projected to trend around 0.30 percent in 2022, according to our econometric models.