Consumer Confidence

A survey passed onto consumers having them rate and ask their opinion regarding the future of economic conditions for the next 6 months. Consumer Confidence is calculated by the National Institute of Economic Research, Sweden. A leading indicator reflecting on consumer spending that could drive the future of the economy if the statistic is at optimistic values. This index takes values from -100 to 100 indicating extreme lack of confidence and extreme confidence, respectively.

Swedish Consumer Confidence

Swedish Consumer Confidence declined on a monthly basis for June 2017, falling by 2.94% compared to previous month’s value. Results were reported at 102.5, far from previous month’s value of 105.6 and failing to meet expectations of 105.0. Consumer Confidence in Sweden peaked at an all-time high point of 121.60 in March of 2000and hit rock-bottom at45.10 in January of 1993.