SwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Swedish Trade: No Signs of Increased Consumption

» Published: October 01 2024

Swedish Trade: No Signs of Increased Consumption
Photo: Caisa Rasmussen/TT

Lower inflation and interest rates are affecting retailers' views on the future in a positive direction, according to the trade organization Svensk Handel's monthly Trade Barometer. However, consumption is not increasing, according to the measurement.

"It is clear that a longer period of low inflation and interest rate cuts makes retailers dare to believe in a brighter future again," says Sofia Larsen, CEO of Svensk Handel in a written comment.

"However, there are no signs of increased household consumption yet, which suggests that the road back may be long," she adds.

Swedish retailers in all sub-sectors saw a slightly brighter outlook for the next three months in September than they did in the previous barometer.

For e-commerce, the future indicator has even climbed above the 100-line, while it is still below the "neutral value" for physical stores and wholesale trade.

Related

Tags

TTT
By TTThis article has been altered and translated by Sweden Herald
Loading related posts...