Sweden’s Economic Tendency Indicator inched up to 99.3 in May 2026 from a seven‑month low of 99.2 in April. The trade sector remains the only area where sentiment is stronger than normal, largely because relatively few firms report having large inventories. In addition, their assessments of sales volumes over the past three months, as well as their expectations for the next three months, are also above normal. By contrast, consumer confidence remains weaker than normal. The share of firms expecting to raise prices over the coming three months has risen sharply and now stands well above its historical average.