FX.co ★ Sweden Consumer Mood Hits 4-Month Low

Sweden's household confidence index dipped to 95.3 in January 2026, following an upward revision to 95.8 in the prior month. This represents the lowest point since September 2025. The shift was primarily due to households’ negative assessment of their financial situation over the past year, which turned to -2 from a previous 1 in December. However, expectations for the upcoming year held steady at 12. Concerns about unemployment increased, with the perceived risk rising to -5 from -3 in January, even as broader national unemployment expectations dropped to 10 from 15. Attitudes towards capital goods investment slightly declined to -19 from -18, but there was a marginal improvement in planned purchases for the coming year, moving to -13 from -14. Conversely, there was a more optimistic view of current finances, improving to 64 from 61, and an increased number of households plan to save in the year ahead, rising to 48 from 42. Household perceptions of the Swedish economy showed signs of improvement; while the sentiment regarding the past year was less negative at -23 from -28, expectations for the forthcoming year stayed consistent at -6.