Thursday, 28 November 2013
Prices for newly produced dwellings, i.e. the prices paid by investors, were higher in 2012 compared to 2011.
Monday, 11 November 2013
Swedish capital Stockholm is in housing crisis mood and this is well
known. But what is not yet known until. According to media reports, it
now been determined that the cost to the economy of housing shortages
in Stockholm will cost Skr21 billion a year in lost growth over the
next 20 years.
Tuesday, 05 November 2013
The Swedish Purchasing managers' index for services (PMI - services)
rose slightly to 53.7 in October from 53.3 in September. PMI - Services
thus remains in the growth zone for the fourth consecutive month,
indicating a solid performance in services.
Monday, 28 October 2013
Swedish banks are raising the cost of handling cash, something that
will make it very costly for businesses and consumer whom the cost will
be passed to.
Friday, 18 October 2013
There are already talks of the Swedish housing market overheating.
Reports on Swedish television hold that the temperature of the housing
market in Stockholm in particular has risen to boiling levels.
Tuesday, 08 October 2013
Swedish economic growth will continues to push slowly along the bottom,
through this year. However, Southern Sweden has its own wheels, which
are spinning very fast and its emerging as the Swedish economic motor.
Tuesday, 08 October 2013
Improved harvest means that grain prices has had to fall. Over time,
this should mean lower food prices but here in Sweden it will take some
time for that to be realised.
Sunday, 06 October 2013
Will
Sunday, 06 October 2013
A large tangle of investment fraud is being rolled up by the Swedish
Economic Crimes Bureau, which will have heavy consequences on
pensioners who had hopped to have been involved in a form of attractive
savings.
Thursday, 03 October 2013
The Norwegian krone has weakened firmly against the Swedish krona in
the past six months. When currency trading closed yesterday, the price
stood at Nkr1 to Skr1.06, representing the lowest exchange rates this
October, and also the lowest in six years.
Tuesday, 01 October 2013
The Swedish car sales seem to have taken off in earnest after the summer.
According to the industry organization Bil Sweden's sales statistics
presented today, sales increased by more than eleven percent in
September this year compared with the same month last year.
Thursday, 26 September 2013
Swedish household loans from banks and mortgage lenders in August
amounted to Skr2850 billion, latest official data from Statistics
Sweden show. This corresponds to a growth rate of 4.5 percent - just
0.3 percent more than last year at the same time.
Wednesday, 25 September 2013
Investments in tourism in the Nordic countries, such as hotels and ski
facilities, in decreasing when at the same time travels and the number
of tourists to the region is on the increase.
Wednesday, 25 September 2013
Swedish household wealth declined during the second quarter of this
year, despite a positive financial savings, official data from
Statistics Sweden (SCB), shows.
Tuesday, 24 September 2013
A referendum conducted in the German region of Hamburg means that
Swedish energy giant, Vattenfall would loose its right to sell energy
there, and this forced to sell it to the local authority there.
Monday, 23 September 2013
Students and graduates from the business, economics and technology
fields dream to take a job at internet giant Google. Next most
attractive is Ernst & Young, followed by Goldman Sachs.
Tuesday, 17 September 2013
At the end of August debt securities with Swedish issuers amounted to
SEK 6 091 billion, an increase of SEK 137 billion compared to the
previous month.
Tuesday, 17 September 2013
Swedish house prices continue to increase despite various warnings that
house price rise in the Swedish real-estate sector is not economically
healthy.
Friday, 13 September 2013
Sweden’s GDP increased 0.1 percent in the second quarter 2013,
working-day adjusted and compared to the second quarter of 2012. GDP
decreased 0.2 percent, seasonally adjusted and compared to the first
quarter of 2013.
Thursday, 12 September 2013
The Swedish government wants to encourage micro production of energy
through the solar energy production system. The approach will see
homeowners with solar cells able to have make some money from energy to
the tune of up to Skr12 thousand a year.
Wednesday, 11 September 2013
Oskarshamn 1 is one of the world's worst nuclear reactors, according to
a new finding and classification of the most dangerous nuclear power
stations.
Wednesday, 11 September 2013
Swedish unemployment continues to dog the government as new data release shows unemployment remaining at a high level.
Friday, 06 September 2013
If you are a Swedes looking for work, there seem to be plenty in Norway
for you. Also if you are working in some types of sectors that have a
higher demand of skills in Norway, it make sense if you can move over
there for it pays up to 50 percent more than in Sweden.
Wednesday, 04 September 2013
The Japanese automaker, Toyota recalls 369,000 cars globally due to
various hardware problems. This includes about 200,000 SUVs hybrid, of
which 37,000 in Europe, being recalled because of a flaw in the hybrid
system's inverters.
Tuesday, 03 September 2013
Toyota Starlet has emerged as the worst car by far according to Swedish
latest crash test, while the safest cars are Volvo S60/V60 and V70/S80.
These cars provide 59 percent more protection than the average car in a
crash between two cars.
Monday, 02 September 2013
Swedish Purchaser Manager Index - the PMI rose by 0.9 index points to 52.2 in August, latest data show.
Monday, 02 September 2013
New car registration in Sweden in gearing up as new car registration in
August stood at 21,616 cars, latest figures out today show.
Friday, 30 August 2013
Sweden's total exports volume declined by 4.1 percent in real terms in
the second quarter compared with the same period in 2012, whereas
imports increased by 2.5 percent in volume latest data from Statistics
Sweden show.
Friday, 30 August 2013
The Swedish Labour Cost Index (AKI) for the private sector in June 2013
was 112.6 for wage - earners and 112.9 for salaried employees, a rise
of 2.4 and 2.5 respectively comparatively.
Wednesday, 28 August 2013
The chances that the US and its allies could take military action
against Syria have continued to shake up global markets. In relations
of commodities, oil price, which has exploded this week stabilised on
Wednesday afternoon.
Wednesday, 28 August 2013
Thefts in Swedish stores/shops each year amounts to around Skr6
billion, according to an analysis made by the industry organizations,
Handelns utredningsinstitut or in short, HUI-research on behave of
business and employers organization, Svensk Handel (The Swedish Trade
Federation).
Tuesday, 27 August 2013
The Euro-zone economy is gradually coming out of the water deep, if one
was to believe the various news reports and "specialist" analysis being
churned out. The Swedish business daily, Dagens Industry, has
re-examined the Euro economies and mark their economic books. It is
giving its verdict of the four largest European Monitory Union (ENU)
economies, France, Italy, Germany and Spain.
Tuesday, 27 August 2013
The downturn in the euro area is now levelling off and the U.S. economy
look to picks up. The greatest risks not stand in the hand of the side
of the emerging economies, particularly related to China.
Monday, 26 August 2013
Swedish Export Manager has a view that Swedish exports would improve
during the third quarter. Export Manager Index (EMI) rose to 56.5 from
51.6 the previous quarter, a situation be cautiously happy about.
Saturday, 24 August 2013
On August 26, mortgage lender, Länsförsäkringar
will raise its interest rates for
mortgages for the
loaning period range of 2 and 7 years.
Wednesday, 21 August 2013
More Swedish people are getting extremely stressed out and according to
the Swedish national insurance organisation, Försäkringskassan, in its
latest forecast, more Swedish people are expected to get sick
this year and next.
Monday, 19 August 2013
Swedish unemployment rose in week 33 with 1728 people compared with the
previous week thus leading the unemployed to 226,806 able bodied people
seeking work and cannot find one.
Wednesday, 14 August 2013
First time buyers in the Swedish house market should likely forget the
idea of getting on the housing ladder except their pay rise really well
or something happens that will cool the persistent house price rise.
Wednesday, 14 August 2013
Swedish industrial production increased by 3.0 percent in June compared
to May in seasonally adjusted figures. Compared with June 2012,
industrial production decreased by 4.0 percent in calendar adjusted
figures, new data show.
Wednesday, 14 August 2013
How a Stockholm local government opted for cheap Polish workers thus
giving the worker Union victory over the argument that Eastern European
are preferred just because they are cheap.
Thursday, 08 August 2013
The Danish youth unemployment is higher than in Germany, but lower than
in Sweden. It is also far lower than in Greece, making Denmark with one
of the lowest youth unemployment in Europe according to new figures.
Thursday, 08 August 2013
House prices in Sweden rose more than 1 percent during the three month
period May-July compared with the previous three-month period, latest
official figures from Statistics Sweden show.
Wednesday, 07 August 2013
All politician of our time have been banging on the maxim that an
education at university level makes it easier for a graduate to get
into a job and that after all that gruelling studies, the pay will also
be good. But this is not what is being experienced today in Denmark.
Monday, 05 August 2013
The Swedish Purchasing managers' index for services (PMI - Services)
rose to 56.6 points in July from 44.9 in June. This means that the
total index is back in the growth zone after hitting a downturn in
services throughout the second quarter.
Thursday, 01 August 2013
Swedish Purchaser Manager Index, (PMI) fell to 51.3 in July from 53.5
in June, down 2.2 index points. This however, remains in the growth
zone, which has a lower limit of 50 basis points and means that the
Swedish industrial sector remains buoyant.
Monday, 29 July 2013
The strong Swedish krona has cost export companies billions in reduced
profits in the past six months. Should the krona continues to get
strengthened further, it may lead to investment shortfall by those
exporter in Sweden in the future.
Monday, 29 July 2013
While the EU seeks to reduce dependence on Russian energy, Swedish
energy company, Vattenfall for the first time is buying Russian nuclear
fuel.
Monday, 29 July 2013
Swedish retails trade sales volume increased by 3.6 percent in June
compared to the same month last year. Despite that, sales are still
described as weak.
Monday, 29 July 2013
Sweden is having a sort of deflationary price system now with inflation
measured at -0.1
percent. But food prices just continues to explode and it is a boon for
the food industry which sees no problem with food becoming more
expensive while other goods fall in prices.
Friday, 26 July 2013
A growing phenomenon in the Swedish banking scene is that were more and
more people are carrying out their banking transactions via the mobile
phone instead of on the computer.
Friday, 26 July 2013
Swedish import prices from May to June, increased 1.3 percent and
export prices also increased 1.0 percent. The producer prices in total
increased 0.4 percent during the same period. On the domestic market
prices decreased 0.1 percent.
Friday, 26 July 2013
In June 2013 Swedish exports of goods amounted to Skr88.1 billion,
while imports of goods amounted to Skr 84.1 billion. As a result, the
net trade balance was Skr4.0 billion, latest data from Statistic Sweden
(SCB) shows.
Thursday, 25 July 2013
Six Chinese guest workers who worked at an Asian food wholesales dealer
in Gothenburg Sweden, known as Asia Food in the neighbourhood of
Hisingen have been identified as being wantonly exploited by the
company.
Wednesday, 24 July 2013
The Swedish real estate sectors which supposed to be the cash cow now
has seen the design and construction of single-family houses falling to
a very low level. This means that it is hard to get a normal simple
accommodation for young professionals. The sector is how crying out for
help.
Wednesday, 24 July 2013
It takes something to the neighbourhood of five to seven years before a
graduate with a non-Swedish background (skin colour) can attempt to get
access to real employment in the Swedish job market. Swedbank is
thinking of reversing some of it.
Tuesday, 23 July 2013
Danish Unemployed are vocally fearful that their jobs are either being
moved to places such as Poland or other cheaper eastern European
countries or that the Eastern Europeans are coming here to take the
jobs.
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