Sweden Economic Tendency Indicator

Country:
Sweden
SEK, Swedish krona
Sector:
Business
Low 103.6 97.7
100.9
Last release Importance Actual Forecast
Previous
101.8
103.6
Next release Actual Forecast
Previous
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Swedish Economic Tendency Indicator reflects tendencies of various economic indicators from the point of view of both Swedish consumers and businesses. It is calculated monthly based on a survey of Swedish consumers and companies conducted monthly by the National Institute of Economic Research NIER.

Every month, NIER surveys about 1,500 consumers and 7,000 companies. The consumer sample includes randomly selected Swedish citizens aged between 16 and 84. The survey is conducted by telephone. The business sample includes companies with at least 100 employees. The questionnaire is sent to them by email.

The survey is qualitative in nature. It means that the respondents do not provide absolute figures, but assess the situation as better, worse, or no change. The final indicator value is calculated based on the responses received from different groups, which are assigned certain weights. For example, the share of production is 40%, the service sector share is 30, construction and trade shares are 5% each, and consumer share is 20%. Indicator readings higher than 100 mean growth, values higher 110 mean strong growth. Readings less than 100 and less than 90 are considered weak and very weak, respectively.

The Economic Tendency indicator characterizes consumer and business sentiment regarding the country's economy. A reading above 100 indicates positive sentiment in Sweden. This can be seen as positive for the Swedish krona. Readings below 100 indicate pessimistic sentiment.

Last values:

actual data

forecast

The chart of the entire available history of the "Sweden Economic Tendency Indicator" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Feb 2021
103.6
97.7
100.9
Jan 2021
100.0
96.4
95.9
Dec 2020
95.6
96.8
97.2
Nov 2020
97.5
95.3
96.0
Oct 2020
96.3
90.6
94.5
Sep 2020
94.5
85.0
87.6
Aug 2020
87.0
79.0
83.8
Jul 2020
83.4
60.6
75.3
Jun 2020
75.2
40.5
64.4
May 2020
64.1
-36.9
60.0
Apr 2020
58.6
95.6
92.5
Mar 2020
92.4
98.0
98.7
Feb 2020
99.1
96.3
97.3
Jan 2020
97.1
93.5
Dec 2019
93.3
94.6
Nov 2019
94.7
94.0
Oct 2019
93.6
94.4
Sep 2019
94.6
95.0
Aug 2019
94.9
96.4
Jul 2019
96.8
98.1
Jun 2019
98.1
99.4
May 2019
99.8
102.5
Apr 2019
102.7
101.9
Mar 2019
101.7
101.9
Feb 2019
102.4
102.0
Jan 2019
101.9
105.6
Dec 2018
106.3
106.3
Nov 2018
106.7
107.6
Oct 2018
108.0
111.2
Sep 2018
111.7
111.6
Aug 2018
111.5
109.7
Jul 2018
109.6
108.7
Jun 2018
108.7
108.6
May 2018
108.8
110.4
Apr 2018
110.4
108.8
Mar 2018
108.4
109.4
Feb 2018
109.5
110.1
Jan 2018
110.2
112.0
Dec 2017
112.5
113.8
Nov 2017
114.1
113.4
Oct 2017
113.3
113.9
Sep 2017
113.8
110.5
Aug 2017
110.7
112.3
Jul 2017
112.4
112.2
Jun 2017
112.1
111.7
May 2017
111.0
112.6
Apr 2017
112.8
108.8
Mar 2017
109.2
110.8
Feb 2017
111.6
111.9
Jan 2017
112.0
113.7

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The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

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