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.