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Rising Food Prices: Coffee Costs Surge by 42 Percent
Business NewsTop News

Rising Food Prices: Coffee Costs Surge by 42 Percent

The increase in food prices accelerated further in April. It has become 42 percent more expensive, according to new SCB figures
Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent
Business News

Stock Market Pauses Amid Trade War News as SBB Soars 40 Percent

The strong price increases have ebbed out after Monday's announcement about a pause in the trade war between China and the USA. The OMXS index, like leading European stock exchanges, closed near zero – The real estate company SBB rocketed 40 percent
Fake Online Purchases Worth Millions Blocked by Authorities and Banks
Sweden News

Fake Online Purchases Worth Millions Blocked by Authorities and Banks

The police, the Consumer Agency and the four major banks have together stopped thousands of purchases on fake online stores by starting to share information with each other. The collaboration, which took place at the end of the year, led to the total amount stopped being tens of millions of kronor higher than before
Economists Split on Potential Swedish Interest Rate Cut
Business News

Economists Split on Potential Swedish Interest Rate Cut

Even if the Central Bank keeps the door open for an interest rate cut further ahead, Nordea's chief economist Annika Winsth is doubtful about whether it will happen. SEB's chief strategist Olle Holmgren, on the other hand, believes increasingly strongly in a cut as early as June
Economists Split on Possible Interest Rate Cut by Swedish Central Bank
Business News

Economists Split on Possible Interest Rate Cut by Swedish Central Bank

Even if the Central Bank keeps the door open for an interest rate cut further ahead, Nordea's chief economist Annika Winsth is doubtful about whether it will happen. SEB's chief strategist Olle Holmgren, on the other hand, believes increasingly strongly in a cut as early as June
Nordea Swish Service Restored After Brief Disruption
Business News

Nordea Swish Service Restored After Brief Disruption

Experts Diverge on Future Swedish Interest Rate Changes
Business News

Experts Diverge on Future Swedish Interest Rate Changes

On the interest rate market, the actors assume two cuts in the Swedish Central Bank's benchmark rate this year. But among the major banks' forecasters, there is a significant spread when it comes to the benchmark rate right now
Major Swedish Banks See Profit Decline in 2024 Report
Business News

Major Swedish Banks See Profit Decline in 2024 Report

Major Banks Cut Fixed Mortgage Rates in Europe
Business News

Major Banks Cut Fixed Mortgage Rates in Europe

Banks and Industrials Drag Down Stockholm Stock Exchange
Business News

Banks and Industrials Drag Down Stockholm Stock Exchange

The Stockholm stock exchange's broad OMXS index fell 0. 8 percent on Wednesday, weighed down by declines in banks and industrial companies
Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty
Business News

Nordea CEO: Nordic Region Resilient Amid Rising Global Uncertainty

The uncertainty has increased sharply after all the drastic messages from USA's President Donald Trump lately, according to the CEO of the major bank Nordea, Frank Vang-Jensen. But he believes that the Nordic countries, companies, and households here are well-equipped to handle the situation
Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact
Business News

Swedish Exporters Face Uncertainty Amid Trump's Tariff Impact

The stronger krona is expected to have hit hard against Swedish export companies during the first quarter. But what is waiting around the corner is more unclear than in a long time after Trump's tariff shock
The Council's Advice to the Government: Be Frugal until the Shock Comes
Sweden News

The Council's Advice to the Government: Be Frugal until the Shock Comes

In the midst of a toxic customs chaos, the government is presenting its spring budget. Most of the money will go towards increasing the ROT deduction, to support the construction industry and households that want to renovate
Stockholm Stock Exchange Plunge Draws Parallels to Historic Crashes
Business News

Stockholm Stock Exchange Plunge Draws Parallels to Historic Crashes

The Depression, the pandemic, and Black Monday 1987. The recent days' stock market fall has experts drawing parallels to some of the worst events in economic history
Stockholm Stock Exchange Faces One of Its Bloodiest Declines in Years
Business News

Stockholm Stock Exchange Faces One of Its Bloodiest Declines in Years

The Depression, the pandemic, and Black Monday 1987. The recent stock market fall has experts drawing parallels to some of the worst events in economic history
Nordea Economist Seeks US Economic Slowdown to Curb Tariffs
Business News

Nordea Economist Seeks US Economic Slowdown to Curb Tariffs

The Stockholm stock exchange is plummeting. Annika Winsth, chief economist at Nordea, is now hoping for a strong braking of the American economy
Stockholm Stock Exchange Drops 4.2 Percent Amid Global Market Slump
Business NewsTop News

Stockholm Stock Exchange Drops 4.2 Percent Amid Global Market Slump

China responds to the USA's new tariffs by imposing an additional 34 percent tariff on goods from the USA. In Stockholm and the rest of Europe, the stock exchanges fell heavily
Food Prices Continue to Climb, but Major Increases May Be Over
Business NewsTop News

Food Prices Continue to Climb, but Major Increases May Be Over

Expect continued rising food prices as new inflation figures are due. A number of factors suggest that the worst price increase may be over, according to several economists
Major Banks Boost Stockholm Stock Exchange as European Markets Rise
Business News

Major Banks Boost Stockholm Stock Exchange as European Markets Rise

The Stockholm stock exchange spent large parts of the day dancing around zero, but the broad OMXS index eventually picked up and closed at a plus of 0. 3 percent
Consumers Push Back as Food Costs Climb Despite Lower Spending
Business NewsTop News

Consumers Push Back as Food Costs Climb Despite Lower Spending

Consumers are rebelling against the high food prices – but the proportion of disposable income that we spend on food is lower now than it was at the beginning of the 1990s. Few people think about how it was in the 90s, but rather think about what was recently, says Anders Stenkrona, private economist at the bank Nordea
Telecom Stocks Defy Market Slump on Stockholm Exchange
Business News

Telecom Stocks Defy Market Slump on Stockholm Exchange

The Stockholm Stock Exchange fell broadly on the last day of the trading week. The OMXS index decreased by 1
Swedish Central Bank Holds Steady on Interest Rates Amid Inflation Concerns
Business News

Swedish Central Bank Holds Steady on Interest Rates Amid Inflation Concerns

Today's message from the Central Bank that the interest rate remains unchanged at 2. 25 percent is a reassuring message, thinks SEB's senior economist Robert Bergqvist
Major Bank: Risk of Interest Rate Hike Before Summer
Business NewsTop News

Major Bank: Risk of Interest Rate Hike Before Summer

The Swedish Central Bank is not expected to adjust the interest rate at this week's interest rate meeting. But unexpectedly high Swedish inflation and Trump's trade war may lead to a hike soon
Food prices are skyrocketing – butter and coffee at the top
Business NewsTop News

Food prices are skyrocketing – butter and coffee at the top

Food prices increased by 3. 9 percent in February compared to the same month last year
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