FX.co ★ Sweden Consumer Morale Weakens in November

In November 2025, Sweden's household confidence indicator experienced a slight decline, dropping to 96.1 from the previous month's nine-month peak of 96.8. Households’ perspectives on their personal finances over the past year remained stable after registering a positive mark of 2 in October. However, their outlook for financial conditions in the forthcoming year diminished, falling to 10 from 16. Additionally, households exhibited a less pessimistic view of the broader economy over the past year, with a score of -23 compared to -32, and their expectations for the economic outlook in the next year improved slightly from -5 to -1. Job security concerns eased significantly, evidenced by a reduction in the number of individuals anticipating rising unemployment, which fell to 14 from 21. Meanwhile, perspectives on making major purchases in the coming year remained unchanged, holding steady at -16. Inflation expectations for the upcoming year increased to 7.1% in October, up from 6.7% the month before, and anticipated mortgage rates saw a marginal rise to 3.5% from 3.4%.