Households more positive about the Swedish economy
The Economic Tendency Indicator fell from 112.6 in April to 111.0 in May but still signals a very strong economy. The slight decrease was due to the manufacturing indicator dropping back again after its sharp rise in April. The consumer indicator climbed for a second month, thanks mainly to a more positive view of the outlook for the Swedish economy over the coming year.The confidence indicator for the manufacturing industry dropped back again in May after surging to a 20-year high in April, but is still well above the historical average at 117.0. Manufacturers report healthy growth in