Sweden Consumer Confidence

Last Release

Oct 31, 2024

Actual

101.3

Units In

Points

99.7

Frequency

Monthly

Next Release

Nov 28, 2024

Time to Release

27 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
125.2 Mar 2000	44.4 Jan 1993	95.2 Points	1993-2024	N/A

In Sweden, the Consumer Confidence indicator is based on a survey of 1500 households that are interviewed each month. The questions cover consumers’ assessment of their personal finances and the Swedish economy, expectations for interest rates and inflation, and plans for major purchases and savings.

Latest Updates

The consumer confidence indicator in Sweden rose to 101.3 in October 2024, from an upwardly revised 99.7 in the previous month. This marked the highest reading since December 2021, as households grew more optimistic about their financial situation over the next 12 months (29 vs 28 in September) and concerns about future unemployment eased (26 vs. 31). Moreover, expectations for the general economic outlook remained unchanged (23), as well as their confidence in their ability to save over the next 12 months (56). Meanwhile, households were more hesitant to make large purchases in the next year (-12 vs. -11).