Swedish Households Loans y/y reflect a change in the amount of loans issued to households in the reported month compared to the same period a year ago. The index is used to evaluate potential retail sales, it also shows a change in interest rates and reflects consumer mood. The index growth indicates an increase in consumer spending which, in turn, suggests potential inflation growth and a higher activity in the financial and credit sector of the national economy.
Generally, growth in issued loans affects SEK quotes positively.