Household consumption in Sweden rose 2.6 percent from a month earlier in May of 2021, after an upwardly revised 5.4 percent decline in April. This was the steepest increase in household spending since January. Year-on-year, household spending advanced 8.8 percent, with transport and retail sales and service of motor vehicles making the biggest positive contribution. source: Statistics Sweden

Household Spending in Sweden averaged 0.15 percent from 2000 until 2021, reaching an all time high of 3.20 percent in October of 2003 and a record low of -7 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 July of 2021.

Household Spending in Sweden is expected to be -1.20 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 2022 and 0.40 percent in 2023, according to our econometric models.

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Sweden Household Consumption MoM

Actual Previous Highest Lowest Dates Unit Frequency
2.60 -5.40 3.20 -7.00 2000 - 2021 percent Monthly
2010=100, SA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-08 07:30 AM Feb 2% 2% 1%
2021-05-05 07:30 AM Mar 0.6% 1.7% 0.8%
2021-06-08 07:30 AM Apr -5.1% 0.7% 0.8%
2021-07-07 07:30 AM May 2.6% -5.4% 4.5%
2021-08-10 07:30 AM Jun 2.6%
2021-09-10 07:30 AM Jul
2021-10-08 07:30 AM Aug
2021-11-10 08:30 AM Sep


News Stream
Sweden Household Spending Growth at 4-Month High
Household consumption in Sweden rose 2.6 percent from a month earlier in May of 2021, after an upwardly revised 5.4 percent decline in April. This was the steepest increase in household spending since January. Year-on-year, household spending advanced 8.8 percent, with transport and retail sales and service of motor vehicles making the biggest positive contribution.
2021-07-07
Sweden Household Consumption Reverses Course in April
Household consumption in Sweden sank 5.1 percent from a month earlier in April of 2021, following an upwardly revised 0.7 percent growth in March. It is the biggest decline since a record drop in April last year, due to coronavirus restrictions. Year-on-year, household spending increased 7.5 percent, with transport and retail sales and service of motor vehicles making the biggest positive contribution.
2021-06-08
Swedish Household Consumption Rises at Slower Pace
Household consumption in Sweden increased by 0.6 percent from a month earlier in March 2021, following a downwardly revised 1.7 percent growth in February, as spending rose at a softer pace for furniture, furnishings, household equipment and consumables (0.9 percent vs 10.4 percent), post and telecommunications (0.3 percent vs 2.2 percent), recreation and culture, goods and services (0.2 percent vs 2.3 percent), and other goods and services (0.9 percent vs 5.8 percent). Compared with March 2020, household consumption increased by 5.0 percent.
2021-05-05
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 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).