The decline in households’ views of their own finances and Sweden’s economy was sharp. Compared with September, the index fell by 8 points to 94.3.
For the business sector, however, the picture is significantly brighter. The overall confidence indicator measured monthly by KI rose further in October and is above its normal level, particularly in manufacturing.
"The confidence indicator for manufacturing rose sharply in October and is now at its highest level since August 2022," KI writes.
