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Retail Trade Decreased in November
Sales in retail trade decreased by 0. 2 percent in November compared to the previous month, according to Statistics Sweden (SCB).
Still slow for the construction sector
The recovery for housing construction appears to have been interrupted at low levels, according to Byggfaktas construction start indicator for November. The annual rate for construction starts has leveled out.
These are the municipalities that raise taxes next year
Three rural municipalities plus Stockholm will increase the municipal tax next year. The difference between the highest and lowest municipal tax burden is now over six kronor per hundred, according to new figures from SCB.
So you should think about electricity agreements
Around 650,000 households have now switched to hourly pricing in their electricity agreements. What is smartest – fixed, variable or hourly pricing – is not entirely clear-cut.
Unemployment Rises
Unemployment rose slightly in November, to 8. 5 percent, from 8.
Grain Harvest Increases – But Below Average
This year's grain harvest is estimated to increase to 5. 1 million tons, an increase of 19 percent compared to last year, according to the Statistics Sweden (SCB).
Statistics Sweden lowers inflation rate for November
Inflation in November rose to 1. 8 percent according to the KPIF measure, writes the Statistics Sweden (SCB) in a press release.
Black Week did not boost clothing sales
The last week of November did not give the same boost to clothing retail as it usually does. The Swedes held on to their wallets and e-commerce declined compared to last year.
Lower Inflation in Norway and Denmark
Inflation in Norway fell to 2. 4 per cent in November, according to fresh figures from the statistics bureau SSB.
More rate cuts are needed
Swedish economy is still struggling. Household consumption is decreasing, shows new statistics.
The stock market fell and the krona weakened
The Stockholm stock exchange fell on Tuesday, as did the stock exchange in the USA the day before. The broad OMXS index in Stockholm lost 0.
How competent are adult Swedes? The test provides answers
It is not only school students who are tested in Pisa and other international knowledge assessments. It is also done a kind of Pisa for adults.
Inflation rises – "The Central Bank will lower anyway"
Despite the inflation hike – The Central Bank will lower the interest rate in a couple of weeks. This is the major banks' assessment.
Stock Market Up for Seventh Consecutive Day
The Stockholm Stock Exchange turns upwards on a weak plus after a hesitant start. It became the seventh trading day in a row on plus.
Half a Million Swedes Want to Work Less
Shorter working hours have sailed up as a hot issue. New statistics show that half a million Swedes, or every tenth employee, want to work less.
The Warning: Food Prices May Be on the Way Up
Inflation is expected to rise again when the figures for November are reported this week. Once again, households must prepare for more expensive food.
Weak growth for retail trade
The sales volume in retail trade increased by 0. 4 percent in October compared to September, according to seasonally and calendar-adjusted figures from Statistics Sweden (SCB).
Swedish growth weak – but better than expected
Sweden's economy is growing somewhat, but weaker than the historical average, shows new statistics. .
More people are moving away from urban areas – in half of the country
In half of Sweden's counties, the population is increasing outside urban areas, shows new statistics from the Statistics Sweden (SCB). .
Producer Prices Turned Upwards in October
Producer prices rose by 0. 5 percent in October compared to the previous month, according to the Statistics Sweden (SCB).
Slight increase in apartment building
During the initial nine months, construction of 21,550 apartments has begun, an increase of 5 percent compared to the same period last year. However, this is an increase from historically very low levels.
The Housing Market is Cooling Down - Fewer New Homes
Housing starts fell in October compared to the previous month. And the number of new housing starts has leveled out at around 25,000 per year – far below the calculated building need.
Still Subdued Labor Market
Unemployment is still increasing, but only slightly. At the same time, the number of employed persons is almost unchanged in October compared to previous months, according to seasonally adjusted and trend-based data from the Statistics Sweden.
Milk and butter are becoming increasingly expensive
Food prices were relatively unchanged during the month of October, according to new figures from Statistics Sweden (SCB). One item that has taken off, however, is milk.
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Stay informed with the latest news and updates from Sweden in English. From daily news and events happening now, to recaps of what happened in Sweden last night, our coverage keeps you updated. Swedish news today.
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