Sweden's household consumption jumped 2.0 percent from a month earlier in February of 2021, following an upwardly revised 2.0 percent gain in January, remaining the biggest increase since July of 2020. Year-on-year, household consumption fell 1.9 percent, as spending fell sharply in restaurants, cafes, hotels, and other accommodation services (-29.9 percent); and in retail trade, clothing, and footwear (-15.2 percent). In contrast, consumption of furniture, furnishings, and household equipment advanced 6.1 percent. source: Statistics Sweden

Household Spending in Sweden averaged 0.16 percent from 2000 until 2021, 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 April of 2021.

Household Spending in Sweden is expected to be 0.60 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.

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Sweden Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
2.00 2.00 3.50 -7.10 2000 - 2021 percent Monthly
2010=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-08 08:30 AM Nov -0.6% 0.2% -1%
2021-02-05 08:30 AM Dec -0.4% -0.7%
2021-03-09 08:30 AM Jan 1.8% -0.4% -1.2%
2021-04-08 07:30 AM Feb 2% 2% 1%
2021-05-07 07:30 AM Mar 2.0%
2021-06-10 07:30 AM Apr
2021-07-09 07:30 AM May
2021-08-10 07:30 AM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Sweden Household Spending Growth Steadies in February
Sweden's household consumption jumped 2.0 percent from a month earlier in February of 2021, following an upwardly revised 2.0 percent gain in January, remaining the biggest increase since July of 2020. Year-on-year, household consumption fell 1.9 percent, as spending fell sharply in restaurants, cafes, hotels, and other accommodation services (-29.9 percent); and in retail trade, clothing, and footwear (-15.2 percent). In contrast, consumption of furniture, furnishings, and household equipment advanced 6.1 percent.
2021-04-08
Sweden Household Consumption Rebounds
Sweden's household consumption jumped 1.8 percent from a month earlier in January of 2021, the biggest increase since July. Year-on-year, household consumption fell 3.8 percent, as spending fell markedly in transport and retail sales and service of motor vehicles sector (-13.8 percent). In contrast, consumption of housing, electricity, gas and heating jumped 3.4 percent.
2021-03-09
Swedish Household Consumption Falls for 2nd Month
Sweden's household consumption went down 0.4 percent from a month earlier in December of 2020, following an upwardly revised 0.7 percent drop in the previous month. Year-on-year, household consumption fell 6.3 percent, as spending fell markedly at restaurants, cafes, hotels and other accommodation services (-36.1 percent). Considering the fourth quarter of 2020, consumption declined 5.2 percent compared with the same period of 2019.
2021-02-05
Swedish Household Consumption Falls in November
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).
2021-01-08

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).