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FX.co ★ Sweden Consumer Confidence at 11-Month Low

Sweden Consumer Confidence at 11-Month Low

The consumer confidence indicator in Sweden decreased to 89.8 in March 2025, down from a revised 94.6 in February. This is the lowest level recorded since April 2024, driven by a decline in expectations regarding the country's economic outlook for the upcoming year, which worsened from -11 in February to -23. The perception of household financial situations also saw a decline, dropping to 8 from 13. Additionally, the sentiment towards making significant purchases over the next year became more negative, slipping to -16 from -15. The outlook for savings slightly declined to 51 from 52, while concerns about future unemployment remained stable at 32.

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