FX.co ★ Sweden's Consumer Confidence Declines in March 2024

Sweden's consumer confidence took a hit in March 2024, according to the latest Thomson Reuters IPSOS PCSI data. The index dropped to 50.85 from its previous level of 53.53 in February 2024. The month-over-month comparison showed a decrease, indicating a decline in consumer optimism. The updated information was released on 14 March 2024, revealing the change in sentiment among Swedish consumers. This data provides insights into the evolving economic conditions in Sweden and may impact future spending patterns and overall economic performance in the country.