Pessimism in trade - concerns about the global situation

The troubled global situation, which can affect both oil prices and transportation costs, has prompted the trade sector to lower its expectations.

"There is no doubt that this is a clear setback. Although the levels are still slightly higher than last year, uncertainty has gripped trade again, and many are now entering spring with a significantly more cautious view of the future," says Sofia Larsen, CEO of Svensk Handel, in a press release.

The largest decline is seen in the non-durable goods trade (for example, furniture and consumer electronics), where the future indicator falls by 7.1 units. The indicator also falls for the grocery and wholesale subsectors.