Swedbank

Skandiabanken Offers Lowest Mortgage Rates in August

The average interest rate for variable-rate mortgages was 2.85 percent in August, shows a review from the comparison service Zmarta.

Food Chains in Sweden Promise Price Cuts with VAT Reduction

Food chains promise price reductions as large as the reduced VAT. Coop will reduce prices corresponding to the VAT reduction, says Anders Torell, CEO Coop Sweden. Approximately 600 kronor lower food costs per month for a family with children, the message means.

Interest Rate Cuts Possible Despite Rising Inflation in Sweden

Inflation in August rose to 3.3 percent according to the KPIF measure. But the underlying inflation is falling, shows SCB's new figures. The figures and assessments of where the interest rate is heading are diverging. This increases the likelihood of an interest rate cut, says Nordea's chief analyst Torbjörn Isaksson.

Swish Payment Issues Resolved for Swedbank and Länsförsäkringar Customers

Swedish Service Sector Sees Fragile Recovery in August

The Swedish service sector is recovering again in August after having declined in July.

Nordea Predicts Interest Rate Hikes by 2027, Contrasts Danske Bank's Forecast

Danske Bank expects the Swedish Central Bank to lower the interest rate once more this year. Despite the inflation being described as "too high" in a new economic trend report. But colleagues at Nordea do not believe in any cuts in the near future – instead expecting increases in 2027.

Stockholm Stock Exchange Sees Slight September Uptick

The Stockholm stock exchange started September slightly up. The broad OMXS index closed at 0.2 percent.

Swedish Industry Temperature Rises in August with PMI at 55.3

Temperature in the Swedish industry rose in August.