Fewer Believe in Rising Housing Prices
Despite lower interest rates. Fewer households believe that housing prices will rise, a new survey shows.
Business
Bottom grades for the banks' AI solutions
Swedish banks' digital services with various forms of AI assistants are not a hit with customers. In this year's industry survey of the banking sector from the Swedish Quality Index (SKI), these solutions get a thumbs down.
TechnologyTop news
Inflation is raging - "a signal to the Central Bank"
Inflation fell more than expected in August, largely due to lower energy prices. This paves the way for a series of interest rate cuts from the Swedish Central Bank. The Swedish economy needs to get a clearer signal, and that's what you get with a 50-point cut, according to Mattias Persson, chief economist at Swedbank.
BusinessTop news
Inflation Falls More Than Expected
Inflation fell unexpectedly much in August, down to 1.2 percent according to the KPIF measure. Energy prices are pulling the most downward. These figures give Thedéen the courage to continue with the interest rate cuts, says Alexandra Stråberg at Länsförsäkringar.
Business
The Child Allowance Covers Less and Less
The high inflation of recent years has led to the child allowance covering almost 30 percent fewer purchases for the child - compared to 2018, when the allowance was last increased. The child allowance has lost in significance, says Stefan Westerberg, private economist at Länsförsäkringar.
Business
The Swedish economy is stalling - "no clear turnaround yet"
Swedish economy is losing ground and during the second quarter, Sweden's gross national product (GNP) decreased by 0,3 percent, show new figures from SCB. We see no clear turnaround yet, says Alexandra Stråberg, chief economist at Länsförsäkringar.
Business
The Banks are Doing "Everything to Earn a Little Extra"
More banks are now lowering mortgage rates following the Swedish Central Bank's lowering of the repo rate. But the adjustments are modest. The banks will do everything to avoid lowering as much as the Swedish Central Bank in order to earn a little extra, says Christina Sahlberg, savings economist at the comparison site Compricer.
Business
Multiple rate cuts this year - how your mortgage will be affected
The Swedish Central Bank is opening up for three more interest rate cuts already this year. This is good news for those who have seen their mortgage costs skyrocket in recent years. But how much will actually be left in the wallet?
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