Bankruptcies Decline in May Despite Hotel and Restaurant Industry Surge

Bankruptcies decreased by 2 percent in May compared to the same period last year. But in the hotel and restaurant industry, they are increasing sharply, according to figures from the credit information company UC.

» Published: June 02 2025

Bankruptcies Decline in May Despite Hotel and Restaurant Industry Surge
Photo: Jessica Gow/TT

Share this article

According to fresh statistics from UC, the number of bankruptcies decreased by a total of 2 percent in the whole country during May compared to the same period last year. The construction industry saw an even larger decrease of 3 percent during the same period.

UC calls the figures a "cautious trend break" in a press release. They also highlight that the proportion of companies that have gone bankrupt within the hotel and restaurant industry has increased by 13 percent and within wholesale trade by 61 percent.

"The future prospects for bankruptcies in Sweden are marked by uncertainty. Tariffs, global unrest, and decreased domestic consumption can dampen demand, while interest rate cuts provide some room for recovery. The development ahead depends to a high degree on households' decisions - whether they increase their consumption or continue to prioritize saving – and on how companies adapt their investments and priorities in the new situation", says Amanda Aldestam, analyst at UC in the press release.

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers

More news

Germany Achieves Gas Stock Goal Two Months Ahead of Schedule
1 MIN READ

Germany Achieves Gas Stock Goal Two Months Ahead of Schedule

Investigator Recommends Against Reintroducing Cousin Inheritance Rights in Sweden
2 MIN READ

Investigator Recommends Against Reintroducing Cousin Inheritance Rights in Sweden

China's Manufacturing Industry Slows in August Despite Stabilized US Trade Relations
2 MIN READ

China's Manufacturing Industry Slows in August Despite Stabilized US Trade Relations

Court Rules Trump's Trade Tariffs Illegal in Judicial Setback
2 MIN READ

Court Rules Trump's Trade Tariffs Illegal in Judicial Setback

Swedish Electric Boat Maker Candela Expands Production to USA
3 MIN READ

Swedish Electric Boat Maker Candela Expands Production to USA

Dousa on Verdict: Tariffs Likely to Persist Despite Court Ruling
1 MIN READ

Dousa on Verdict: Tariffs Likely to Persist Despite Court Ruling

Rice Trade Dispute Halts US-Japan Customs Talks
1 MIN READ

Rice Trade Dispute Halts US-Japan Customs Talks

Court Rules Most Trump Tariffs Illegal but Allows Temporary Continuation
2 MIN READ

Court Rules Most Trump Tariffs Illegal but Allows Temporary Continuation

Klarna Prepares for New York Stock Exchange Debut
1 MIN READ

Klarna Prepares for New York Stock Exchange Debut

Sanctions Loom for Companies Trading with Russia
1 MIN READ

Sanctions Loom for Companies Trading with Russia

Wall Street Declines After July Inflation Data Released
2 MIN READ

Wall Street Declines After July Inflation Data Released

The Job Market in Sweden is Cooling Down - Significant Differences Between Industries

The Job Market in Sweden is Cooling Down - Significant Differences Between Industries

US Inflation Steady at 2.6 Percent in July
1 MIN READ

US Inflation Steady at 2.6 Percent in July

Extended Nuclear Shutdown Raises Electricity Prices in Southern Sweden
2 MIN READ

Extended Nuclear Shutdown Raises Electricity Prices in Southern Sweden

Price Pressure Reduces Alibaba's Second Quarter Profit
1 MIN READ

Price Pressure Reduces Alibaba's Second Quarter Profit

Ikano Bank Reports Loss Amid 670 Million Kronor Credit Losses
1 MIN READ

Ikano Bank Reports Loss Amid 670 Million Kronor Credit Losses

Norway and US Senator Clash Over Oil Fund's Caterpillar Divestment
1 MIN READ

Norway and US Senator Clash Over Oil Fund's Caterpillar Divestment

Tesla Denied New Charging Stations Amid Swedish Union Strikes
1 MIN READ

Tesla Denied New Charging Stations Amid Swedish Union Strikes

No Decision Yet in Legal Battle Between Lisa Cook and Trump
2 MIN READ

No Decision Yet in Legal Battle Between Lisa Cook and Trump

Stockholm Stock Exchange Sees Five Consecutive Days of Decline
2 MIN READ

Stockholm Stock Exchange Sees Five Consecutive Days of Decline