Konjunkturinstitutet

Consumers increasingly optimistic but industry more downbeat

26 Apr, 2013 09:15 CET

The Economic Tendency Indicator fell 1.3 points from 95.4 in March to 94.1 in April. It is now slightly less than six points below the historic average, and indicates that growth in the Swedish economy is weaker than normal. The decrease is due to falls in the confidence indicators for the retail trade and the private service sector, while the indicators for manufacturing and construction rose somewhat. The Consumer...

Small Steps toward Better Days

27 Mar, 2013 09:15 CET

In recent months confidence has improved at firms and among households. This is a sign of somewhat stronger growth in Sweden in the period ahead. But recovery will be slow, with little help from other countries. At the same time, the situation on the labour market is stabilizing, and unemployment will remain around 8 percent for the next few years. This is shown in the NIER’s new forecast, published today.

Slight rise in the Economic Tendency Indicator

27 Mar, 2013 09:00 CET

The Economic Tendency Indicator climbed 0.3 points from 95.1 in February to 95.4 in March. It is now slightly less than five points below the historic average, and indicates that growth in the Swedish economy is still weaker than normal. The increase is explained by the private service sectors and by the consumers. For manufacturing industry, construction industry and for retail trade, however, the situation is...

Rays of light in the Swedish economy

22 Feb, 2013 09:15 CET

The Economic Tendency Indicator climbed almost five points from 89.9 in January to 94.7 in February. It is now slightly more than five points below the historic average, and indicates that growth in the Swedish economy is still weaker than normal. Manufacturing and the private service sector made a positive contribution this month, while the results from the construction industry and the retail trade were neutral....

Industry’s employment plans indicate further cuts

30 Jan, 2013 09:15 CET

The Economic Tendency Indicator fell 0.3 points in January after rising nearly four points the previous month. It now stands at 89.4, more than 10 points below the historic average, and indicates that growth in the Swedish economy is still considerably weaker than normal. The retail trade and the private service sector made a positive contribution this month, while the results from the construction and manufacturing...

Deepening Recession

19 Dec, 2012 09:15 CET

The lacklustre economy in other countries is dampening both demand for Swedish exports of goods and the confidence of households and firms. The economy is weakening, and Sweden’s GDP is falling in the fourth quarter of this year. Next year will get off to a weak start, and unemployment will continue rising. Recovery will not commence until the end of 2013. It will then take many years before the Swedish economy is...

The downward trend was broken in December and the Economic Tendency Indicator ro...

19 Dec, 2012 09:00 CET

The Economic Tendency Indicator recovered in December, rising nearly four points from 86.0 in November to 89.7. However, it remains over 10 points below the historic average, indicating that growth in the Swedish economy is considerably weaker than normal. Manufacturing industry and the private service sector made a positive contribution this month, while the results from the construction industry and the retail...

All confidence indicators point down for second consecutive month

27 Nov, 2012 09:15 CET

The Economic Tendency Indicator fell nearly seven points in November from 92.7 to 86.0, indicating that growth in the Swedish economy is currently considerably weaker than normal. All sectors of the economy made a negative contribution in November, as last month. The Consumer Confidence Indicator also fell considerably in November.
Increasingly weak employment

The confidence indicator for the manufacturing...

All confidence indicators fell in October

24 Oct, 2012 09:15 CET

The Economic Tendency Indicator fell just over three points in October from 95.6 to 92.3, indicating that growth in the Swedish economy is currently appreciably weaker than normal. This month all sectors of the economy made a negative contribution. The Consumer Confidence Indicator also fell in October.
Reduced business sector employment

The confidence indicator for the manufacturing industry fell five points...

Smaller Pay Increases and Lower Interest Rates Can Mean More Jobs

17 Oct, 2012 09:15 CET

The next few years will be marked by high unemployment and low productivity growth in the business sector. Pay increases at the central and local levels are expected to average 3 percent per year in 2013–2015, and unemployment will decrease to 7 percent, though not until 2015. Economic recovery could proceed faster if more limited pay increases were backed up by a lower policy interest rate. One factor making it...

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