FOREX TradingCharts.com

Financial News: Sweden Economic Confidence Lowest Since July 2020

Sweden Economic Confidence Lowest Since July 2020

10/27/2022 - 04:42:00 (RTTNews)

(RTTNews) - Sweden's economic confidence deteriorated further in September to the lowest level in more than two years, survey results published by the National Institute of Economic Research showed on Thursday.

The economic tendency index dropped to 84.6 in September from 90.8 in the previous month.

Further, this was the lowest score since July 2020, when it was 84.1.

The retail and services sectors fell the most, but all sectors contributed to the decline in September.

The manufacturing confidence indicator lost 4.5 points from August to 105.1 in September, but remained stronger than normal.

The confidence indicator for retail trade plunged 6.7 points to 74.4. The sharp fall was attributed to ever more pessimistic expectations for future sales volumes and firms' assessment of sales in recent months.

Similarly, the morale for the service sector fell 6.5 points to 88.1, and the construction confidence index slid to 103.1 from 105.3.

Data also showed that the consumer confidence indicator also weakened further to 48.3 in September from 52.1 in August. Consumers remain pessimistic regarding their personal financial situation in the next twelve months.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Industrial Production Slips 2.6% In October (14 min(s), 30 sec(s) ago)
(RTTNews) - Industrial output in Japan fell a seasonally adjusted 2.6 percent on month in October, ...Full Story»

Japan Industrial Output Declines 2.6% In October (24 min(s), 30 sec(s) ago)
(RTTNews) - Industrial production in Japan was down a seasonally adjusted 2.6 percent on month in ...Full Story»

South Korea Industrial Output Falls 3.5% In October (49 min(s), 30 sec(s) ago)
(RTTNews) - Industrial production in South Korea slipped a seasonally adjusted 3.5 percent on mont ...Full Story»

South Korea Retail Sales Dip 0.2% In October (01 hr(s), 12 min(s), 30 sec(s) ago)
(RTTNews) - The value of retail sales in South Korea was down a seasonally adjusted 0.2 percent on ...Full Story»

South Korea Industrial Production Sinks 3.5% In October (01 hr(s), 19 min(s), 30 sec(s) ago)
(RTTNews) - Industrial output in South Korea was down a seasonally adjusted 3.5 percent on month i ...Full Story»

China Manufacturing PMI Data Due On Wednesday (02 hr(s), 04 min(s), 30 sec(s) ago)
(RTTNews) - China's National Bureau of Statistics will on Wednesday release November results f ...Full Story»

New Zealand Building Permits Tumble 10.7% In October (02 hr(s), 42 min(s), 30 sec(s) ago)
(RTTNews) - The total number of building permits issued in New Zealand was down a seasonally adjus ...Full Story»

U.S. Consumer Confidence Edges Lower In November (08 hr(s), 32 min(s), 30 sec(s) ago)
(RTTNews) - Citing a recent increase in gas prices, the Conference Board released a report on Tues ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Industrial Production Slips 2.6% In October

11/29/2022 - 19:20 PM (RTTNews)
(RTTNews) - Industrial output in Japan fell a seasonally adjusted 2.6 percent on month in October, ...Full Story>>

Japan Industrial Output Declines 2.6% In October

11/29/2022 - 19:10 PM (RTTNews)
(RTTNews) - Industrial production in Japan was down a seasonally adjusted 2.6 percent on month in ...Full Story>>

South Korea Industrial Output Falls 3.5% In October

11/29/2022 - 18:45 PM (RTTNews)
(RTTNews) - Industrial production in South Korea slipped a seasonally adjusted 3.5 percent on mont ...Full Story>>

South Korea Retail Sales Dip 0.2% In October

11/29/2022 - 18:22 PM (RTTNews)
(RTTNews) - The value of retail sales in South Korea was down a seasonally adjusted 0.2 percent on ...Full Story>>

South Korea Industrial Production Sinks 3.5% In October

11/29/2022 - 18:15 PM (RTTNews)
(RTTNews) - Industrial output in South Korea was down a seasonally adjusted 3.5 percent on month i ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.