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FX.co ★ Sweden Consumer Confidence at Over 1-Year Low

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typeContent_19130:::2025-04-29T07:15:49

Sweden Consumer Confidence at Over 1-Year Low

Sweden's consumer confidence index dropped to 81.6 in April 2025, down from a revised figure of 88.8 in March. This decline marks the lowest level since December 2023. The fall reflects a significant deterioration in expectations regarding the overall economic situation in the coming year, with the index plunging to -36 from -25 in March. Additionally, consumer sentiment soured concerning household financial conditions, dropping to -2 compared to 5 previously. There is also increased pessimism about making major purchases within the next year, with the index sliding to -28 from -16. Moreover, the outlook for personal savings diminished, decreasing to 45 from 50. Notably, apprehension about future unemployment surged, with the index reaching 46 from 33.

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