29.10.202607:19:42UTC+00Sweden Consumer Mood Worsens to 5-Month Low

Sweden’s household confidence indicator fell to 94.3 in October 2026, down from a near five-year high of 102.3 in September, which was revised upward. This was the weakest reading since May and reflected a marked deterioration in sentiment.

Households’ views on the overall economy over the past 12 months turned negative (–10 vs 4 in September), and their expectations for the coming 12 months became considerably more pessimistic (–29 vs –6). At the same time, their assessment of their own finances over the past year became less positive (8 vs 11), while their financial expectations for the year ahead slipped into negative territory (–1 vs 11).

Expectations for unemployment over the next 12 months worsened (8 vs 5), and sentiment regarding purchases of capital goods over the same period weakened further (–13 vs –9). By contrast, saving intentions ticked up slightly, rising to 48 from 47 in September.

Perceptions of current inflation increased, with households’ assessment of inflation at 7.8% in October, up from 7.4% in September. Inflation expectations for the next 12 months also moved higher, to 7.7% from 6.3%.