Swedish Economic Sentiment Weakens in June Reports KI

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Swedish Economic Sentiment Weakens in June Reports KI
Photo: Karin Wesslén/TT

Households' confidence indicator increased slightly, to 84.6, up from 83.6 in April.

"The sentiment weakened in all sectors, where the service sector contributed the most to the decline. Within trade, a sharp decline in sentiment occurred", writes KI.

"Companies expect rising sales prices, but to a lesser extent than in May. Price expectations differ between different sectors. Among service companies, they are higher than normal, while they are below the historical average in the manufacturing industry and construction activities", adds KI.

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

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