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.

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Sweden Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
-0.60 0.20 3.50 -7.10 2000 - 2020 percent Monthly
2010=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2020-10-09 07:30 AM Aug 0.3% 3.4% 1.2%
2020-11-10 08:30 AM Sep 0.6% 0.4% 0.4%
2020-12-10 08:30 AM Oct 0.1% 0.5% 1.2%
2021-01-08 08:30 AM Nov -0.6% 0.2% -1%
2021-02-08 08:30 AM Dec -0.6%
2021-03-10 08:30 AM Jan
2021-04-08 07:30 AM Feb
2021-05-07 07:30 AM Mar


News Stream
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
Swedish Household Consumption Softens in October
Sweden's household consumption rose by 0.1 percent from a month earlier in October of 2020, following a downwardly revised 0.5 percent increase in the previous month. Spending slowed for furniture, furnishings, household equipment and consumables (2.4 percent vs 6.6 percent) and food and beverages (0.4 percent vs 0.9 percent). At the same time, consumption decreased mostly for transport and retail sales and service of motor vehicles (-3.9 percent vs -0.5 percent); clothing & footwear (-0.7 percent vs 5.5 percent) and post & telecommunications (-1.5 percent vs -1.8 percent).
2020-12-10
Swedish Household Consumption Rise for 5th Month
Sweden's household consumption rose by 0.6 percent from a month earlier in September 2020, following an upwardly revised 0.4 percent growth in August, mainly boosted by furniture, furnishings, household equipment and consumables (6.8 percent vs -7.1 percent), clothing and footwear (7.0 percent vs 2.7 percent), and recreation and culture, goods and services (0.3 percent vs -0.1 percent). Spending also increased on food and beverages (1.0 percent vs 1.3 percent) and transport and retail sales and service of motor vehicles (0.6 percent vs 5.0 percent).
2020-11-10
Sweden Household Spending Growth Loses Steam
Household consumption in Sweden edged up 0.3 percent month-over-month in August of 2020, following an upwardly revised 3.4 percent rise in July. It marks the fourth consecutive monthly increase after a record 7.1 percent plunge in April, but it is points to a slowdown in the economic recovery. Year-on-year, household consumption fell 4.7 percent, with the largest contributions coming from transport and retail sales and service of motor vehicles while utilities made the biggest upward impact.
2020-10-09

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).