Break in trend in business climate barometer

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Break in trend in business climate barometer
Photo: Pontus Lundahl/TT

Six months of growth for the National Institute of Economic Research's (NIER) barometer indicator ended in January. However, the mood is still stronger than normal, NIER writes in an update.

The figure of 103.0 in January can be compared with 103.7 in December and 101.5 in November. However, for households this indicates a worse-than-normal mood.

"Households remain pessimistic about their own economy, while the view of the economy in Sweden is close to normal," writes KI.

However, companies' expectations continue to point to higher-than-normal price increases.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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