Greater optimism among Swedish households

» Published: November 28 2024

Greater optimism among Swedish households
Photo: Jonas Ekströmer/TT

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Swedish economy shows signs of recovery. The National Institute of Economic Research's barometer indicator rose in November by 3.6 units to 97.2 – the highest level since August 2022.

The sentiment improved within all sectors, with the largest increases for the manufacturing industry and construction activities.

The households' confidence indicator also rose, for the 14th consecutive month. "Expectations for one's own economy and the Swedish economy over a 12-month period are significantly more optimistic than normal", writes the National Institute of Economic Research in a press release.

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