Financial News: Swedish Economic Confidence Falls To 7-month Low

Swedish Economic Confidence Falls To 7-month Low

05/27/2025 - 06:18:00 (RTTNews)

(RTTNews) - Sweden's economic confidence decreased slightly in April to the lowest level in seven months, while consumers expressed a less pessimistic outlook, survey results published by the National Institute of Economic Research showed on Tuesday.

The economic tendency index dropped to 94.6 in May from 95.0 in April. Moreover, the index was below the normal level of 100.

The index measuring confidence in the manufacturing sector dropped to 100.1 from 100.2.

Most manufacturing firms report that they are either unaffected or only marginally affected by altered tariffs or uncertainty surrounding future tariff levels, the survey said.

The index for the retail sector confidence improved somewhat to 104.5 from 103.9. Meanwhile, the confidence index for the service sector dropped to 95.9 from 98.0.

The survey showed that consumer confidence rose to 83.1 in May from 81.8 in the previous month. Despite this increase, consumers continue to hold a highly pessimistic view of both their own economic situation and that of the Swedish economy.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

New Zealand GDP Expands 0.8% In Q1 (04 hr(s), 39 min(s), 24 sec(s) ago)
(RTTNews) - New Zealand's gross domestic product expanded by a seasonally adjusted 0.8 percent ...Full Story»

Australia Unemployment Data Due On Thursday (05 hr(s), 53 min(s), 24 sec(s) ago)
(RTTNews) - Australia will on Thursday release May numbers for unemployment, highlighting a light ...Full Story»

Riksbank Signal Another Rate Cut (07 hr(s), 23 min(s), 24 sec(s) ago)
(RTTNews) - Sweden's central bank lowered its policy rate on Wednesday, as expected, and signa ...Full Story»

Fed Leaves Interest Rates Unchanged, Still Signals Two 2025 Rate Cuts (09 hr(s), 19 min(s), 24 sec(s) ago)
(RTTNews) - Despite pressure from U.S. President Donald Trump, the Federal Reserve on Wednesday an ...Full Story»

Treasury Reveals Details Of Two-Year, Five-Year & Seven-Year Note Auctions (12 hr(s), 41 min(s), 24 sec(s) ago)
(RTTNews) - The Treasury Department on Wednesday announced the details of this month's auction ...Full Story»

U.S. Crude Oil Inventories Plunge Much More Than Expected (13 hr(s), 13 min(s), 24 sec(s) ago)
(RTTNews) - A report released by the Energy Information Administration on Wednesday showed a steep ...Full Story»

U.S. Housing Starts Pull Back Sharply In May (13 hr(s), 39 min(s), 24 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Wednesday showing a steep drop by new res ...Full Story»

U.S. Jobless Claims Pull Back Off Eight-Month High (13 hr(s), 42 min(s), 24 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits edged modestly lower in the week ende ...Full Story»