SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Major Bank: More in the Wallet for Households

Many households can expect larger margins in the economy ahead, according to a report from Swedbank and Sparbankerna. But not everyone is a winner.

» Updated: 28 August 2024, 08:35

» Published: 28 August 2024

Major Bank: More in the Wallet for Households
Photo: Henrik Montgomery/TT

Swedbank and the Savings Banks predict that households in Sweden will have a greater opportunity to save this year compared to 2023. Lower mortgage rates and higher incomes appear to be fattening the wallet.

"After two years of economic hardship, households seem to be heading towards brighter times. Not least if inflation lands at 1.9 percent in December and mortgage rates at 3.65 percent, which is our forecast," says Arturo Arques, Swedbank's and the Savings Banks' private economist, in a press release.

The biggest winners going forward are, according to the report, small homeowners in Stockholm. For some, it may involve over 7,000 kronor more per month.

The losers, on the other hand, are households living in rental apartments.

"They normally have smaller margins and cannot take advantage of potential interest rate cuts in the same way as small homeowners and condominium owners," says Arturo Arques further.

Tags
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Higher fee to stop burning of plastic
2 MIN READ

Higher fee to stop burning of plastic

USA wants to force Google to sell Chrome
2 MIN READ

USA wants to force Google to sell Chrome

New method reveals pension fraud
3 MIN READ

New method reveals pension fraud

Most Minus Signs on Asian Stock Exchanges
1 MIN READ

Most Minus Signs on Asian Stock Exchanges

One of the world's richest bribed in the USA
2 MIN READ

One of the world's richest bribed in the USA

This is how Musk will save billions
2 MIN READ

This is how Musk will save billions

Yet Another Extremely Strong Report from Nvidia
2 MIN READ

Yet Another Extremely Strong Report from Nvidia

Better than expected for Nvidia
1 MIN READ

Better than expected for Nvidia

Department store giant sinks on Wall Street
1 MIN READ

Department store giant sinks on Wall Street

The FI's Advice: Have Accounts in Multiple Banks
1 MIN READ

The FI's Advice: Have Accounts in Multiple Banks

Break in Trend - Household Costs No Longer Rising
2 MIN READ

Break in Trend - Household Costs No Longer Rising

4,000 to Leave the Car Giant
1 MIN READ

4,000 to Leave the Car Giant

The VW Union Takes a Stand Against Factory Closures
1 MIN READ

The VW Union Takes a Stand Against Factory Closures

Slovakian Nuclear Power Plant Plan Approved
1 MIN READ

Slovakian Nuclear Power Plant Plan Approved

Giant boost for Turkish minimum wages on the way
1 MIN READ

Giant boost for Turkish minimum wages on the way

6 MIN READ

Reduced risk of power crisis in winter
1 MIN READ

Reduced risk of power crisis in winter

Trump's Minister Paves the Way for Quick Tariff Decision
3 MIN READ

Trump's Minister Paves the Way for Quick Tariff Decision

Tough times for Chinese car giant
1 MIN READ

Tough times for Chinese car giant

Double rate cut of Icelandic interest rate
1 MIN READ

Double rate cut of Icelandic interest rate