Market News
The Swedish purchasing managers' index for the industrial sector rose to 52.1 in March from 50.9 the month before. Corresponding month last year, the purchasing managers' index was 50.2.
Finland has skill shortages in some sectors of its economy. As it looks around to resolve these problems, the explosive unemployment in Spain is looking as a fertile ground to fish for workers.
The cold weather in Sweden has killed the Swedish retail sales and shopping enthusiasm. Easter is usually the start of the gardening season - but it seems the weather has made that to freeze in.
Copyright issues have now been resolved for the images and symbols to be used on Sweden's new banknotes. The portrait of Dag Hammarskjöld on the 1000-krona banknote will be replaced as the bank presents t new bank notes.
We are toid that heating gas in the UK will soon be running out and that except emergency measures are taken home might soon lack heating as reserves dry up.
If the Cypriot economy implodes as its financial crisis continues to drive, Sweden is not in any hurry to get worried.
Swedish - Chinese automobile brand Volvo cars is seeing continuous fall in sales in Europe, including Switzerland, Norway and Iceland, compared with the same month last year.
The Swedish currency, the Swedish Krona is now stronger than it was when the fixed exchange rate was abandoned. It has now strengthened against all of the world's major currencies in the past year.
Swedish Unemployment was 8.5 percent in February, not seasonally adjusted, according to official data from Statistics Sweden's Labour Force Survey (LFS). According to analysts, it was expected that unemployment rate would be 8.4 percent.
Swedish service sector seems to have come to a grinding halt if a report from the service organisation, Almega is to be taken seriously.
The Swedish inflation rate was -0.2 percent in February, down from 0.0 percent in January. The Swedish Consumer Price Index (CPI) increased by an average of 0.4 percent from January 2013 to February 2013 (0.7 percent increase from January 2012 to February 2012).
Norway's consumer prices rose 0.7 percent in February compared to the month before.
Described as the first in its size in the world, the plant aims to replace up to 40 percent of the domestic coal used for energy production with biofuels.
The discussions on bank lending practices, interest rates and the risks of a possible housing bubble continues in Sweden as it emerge that the approach to use about 140 years to pay off mortgage is an approach that will stay.
The Swedish housing index (Boindex) rose to 133.3 in the 4th quarter driven by lower interest rates and higher incomes, which reinforced housing affordability.
There has been a large rise in the number of Scandinavian people buying new properties in southern Spain, particularly the Costa del Sol, the property website, Property wire reports
Swedish corporate financial chiefs have become more optimistic about the economic situation and the outlook of the future.
Swedish E-commerce continued to grow strong according to a new analysis. During the fourth quarter of 2012, there was a record increase in Internet sales in Sweden by 17 percent compared with the year before. This has been determined to be the highest recorded sales in this sector in recent times.
The number of new cars, that those that have been registered for the first time totalled 19 143 in February 2013. This is a decrease of 13.1 percent compared to February 2012, when 22 020 new cars were registered.
On the back of the Swedish GDP growth, the Swedish Economic situation, going forward, looks good as the purchasing managers index (PMI) continued to improve in February 2013.
Sweden always lead in areas of technological change as well as means and methods of collecting public money emanating or driven by that change. One area where technological change coalesces with the quest to collect more money is in the television viewing sector.
Swedish imports and exports fell by 4 percent in 2012 Swedish. Decreased trade within the commodity group machinery/transport equipment explained the decline to a large extent.
The Swedish overall Consumers' expectations, (CCI,) rose to 1.0 in February, compared with -2.9 the previous month.
The Swedish job market has seen an increased numbers of employed and no increase in unemployment as the labour market continues to hold unexpectedly better than thought.
The Swedish inflation rate was 0.0 percent in January, up from -0.1 percent in December.
Volvo Car Corporation just reported yesterday a review of its brands in a bid to revive the slumping sales the company is facing this moment. Otherwise known as facelift in design and improvement in some engines to conform with improve emission standard, sales of Volvo cars in Europe fell in January compared with the same month in the 2012, a decrease of some 16.8 percent.
German food chain Lidl which has been struggling to get a strong hold in the Swedish retail sector has been hit by the horse meat scandal and it remains to see how the Swedish consumers will react. Also Nestle which has bragged that it was not affected by the horse meat dance tune has also join chorus
Swedish house prices have taken some beating in the past few months such that there was beginning to the fears that the so-called over-inflated Swedish house prices could become a bubble. It turns out that such might not be the case.
Swedish entertainment community and the public love Beyoncé. One evidence of that is it took two hours for the tickets to Beyoncé's concert in Sweden this spring to sell off.
The unemployment rate in Sweden among the Swedish workforce was 4.8 percent in January, compared with 4.8 percent the previous month.
Swedish real estate prices for one- or two-dwelling buildings were unchanged during the fourth quarter 2012 compared to the third quarter. Prices increased by 2 percent on an annual basis during the fourth quarter, compared to the same period last year.
More people in Sweden with a foreign background are getting into the job market today than a few years before.
The Swedish currency, the krona has been getting stronger against the world's leading currencies in recent months that all indications show that it will continue to hurt the Swedish economy. Another major area to join the example is the tourism sector.
Finnish workers saw their earnings rose by about 0.8 percent in real terms thus indicating that their purchasing power was boosted at the end of last year.
The Swedish purchasing managers' index for services (PMI - services) rose to 52.4 in January from 49.1 in December last year. This signals that the sector is likely going to pull the economy alone with that growth.
The Swedish purchasing managers' index rose in January significantly and unexpectedly. The increase is the largest since the summer of 2009 and suggests that the Swedish industrial market has stabilized after last year's decline.
For the first time in 17 years Christmas sales in Sweden produced reached a disappointing side of the analysis as fewer shopping days and autumn mass job losses took the air out of Buying spree.
The Swedish Monetary financial institutions’ (MFIs) say that Swedish household loans increased at an annual rate of 4.5 percent. This is lower than in November when the growth rate was 4.6 percent, thus a slight fall.
It looks like the Swedish labour market is becoming more dynamic with increasing participation of the elderly and immigrants. If the report presented by Swedbank, based on a survey the bank commissioned in accurate, then the Swedish labour market is really changing.
Last year the prices for forestland in Sweden fell for the first time in over ten years, according to figures from consulting firm LRF consultant, which is tied to the forest sector and owned by farmers association.
Swedish job market continues to be tough as in December 2012, the number of employed persons aged 15-74 years amounted to 4 663 000, an increase of 41 000 persons compared to the same period last year.
As the Swedish job market continues to weaken, fewer areas in the jobs market have real skill shortages than would have been expected.
Sweden last year received more than 5000 immigrants for the crisis countries of the EU states as the better Swedish economy looked like a magnates for jobs seekers from other parts of the EU.
Sales of computer tablets and internet surfboards continue to grow in Sweden at the expense of computers and laptops. The questions asked is whether surfboards are more effective in production or just as a tool to show off luxury and to join the hype bandwagon.
The number of shareholders in various companies in Sweden declined in 2012. At year's end, there were 2,037,941 shareholders in Sweden, which is over 61,000 fewer than a year earlier, according to statistics from the organisation, Euroclear.
Close to one in four companies have put staff reductions at the top of the list of actions to reduce costs in 2013, a report from the Swedish daily, Dagens Nyeheter show.
Swedish house prices rose last year with the largest increase in the major cities as once more it became more expensive to buy a home in Sweden last year. The prices of condominiums increased by eight percent in 2012 and other houses - detached and semi-detaches increased by two percent.
Never before have there been so many electric cars on Swedish road as today. Latest figures out today from the Swedish Transport Agency show that in 2012 there were a record number of new registrations of electric cars - more than would have been thought.
Swedish clothing retail sales fell 3.7 percent in December, measured in current prices in identical units, compared with the same month the year before. Shoe sales on the other hand increased by 13.4 percent, a new data from Swedish Trade Federation - Styles which assesses the market in its Style Indices of sales development.
The increasing notices of redundancy, which has gone up sharply Sweden during the autumn of 2012, has been felt by some analysts as that Swedish unemployment would increase.
Danish consumer prices in Denmark fell 0.3 in December from the previous month. Compared with the same month of last year, prices rose 2.0 percent, according to Danish Statistics organisation, statistic Denmark.
One of Lundin companies, Lucara Diamond has found two additional rare so-called blue diamonds in the Karowe mine in Botswana. Companies share shot up in the company's early trading on Tuesday.
Home care services grew in Sweden as
demnad increased
Tuesday, 08
January 2013
Swedes are buying more house cleaners and other household services using the discount program for such created by the government.
The Danish housing market has continues to hold the economy down and that attitude has persisted. However, there are slight indications that things may be changing for a better.
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Swedish PMI jumped in March 52.1 as increasing orders driving growth in manufacturing
Tuesday, 02 April 2013The Swedish purchasing managers' index for the industrial sector rose to 52.1 in March from 50.9 the month before. Corresponding month last year, the purchasing managers' index was 50.2.
How Finland is stepping to assist the unemployment exploiting in Finland
Thursday, 28 March 2013Finland has skill shortages in some sectors of its economy. As it looks around to resolve these problems, the explosive unemployment in Spain is looking as a fertile ground to fish for workers.
How the Swedish retail sector suffered from the effects of the cold weather
Wednesday, 27 March 2013The cold weather in Sweden has killed the Swedish retail sales and shopping enthusiasm. Easter is usually the start of the gardening season - but it seems the weather has made that to freeze in.
Sweden central bank, Rikbanken release the image of new 1000-krona bank-note
Monday, 25 March 2013Copyright issues have now been resolved for the images and symbols to be used on Sweden's new banknotes. The portrait of Dag Hammarskjöld on the 1000-krona banknote will be replaced as the bank presents t new bank notes.
The persistent freezing British weather threatens to test the ailing economy as political pressure mounts on possible gas outrage
Monday, 25 March 2013We are toid that heating gas in the UK will soon be running out and that except emergency measures are taken home might soon lack heating as reserves dry up.
Sweden fears less about the impact of Cyprus
Sunday, 24 March 2013If the Cypriot economy implodes as its financial crisis continues to drive, Sweden is not in any hurry to get worried.
Sales of Volvo cars in Europe continues to fall
Tuesday, 19 March 2013Swedish - Chinese automobile brand Volvo cars is seeing continuous fall in sales in Europe, including Switzerland, Norway and Iceland, compared with the same month last year.
The Swedish Krona continues to break record in strength
Thursday, 14 March 2013The Swedish currency, the Swedish Krona is now stronger than it was when the fixed exchange rate was abandoned. It has now strengthened against all of the world's major currencies in the past year.
Swedish unemployment rose in February but labour market said to be stable
Thursday, 14 March 2013Swedish Unemployment was 8.5 percent in February, not seasonally adjusted, according to official data from Statistics Sweden's Labour Force Survey (LFS). According to analysts, it was expected that unemployment rate would be 8.4 percent.
Swedish service sector in total reversal as expectation of job growth in the sector deteriorate
Tuesday, 12 March 2013Swedish service sector seems to have come to a grinding halt if a report from the service organisation, Almega is to be taken seriously.
Swedish Inflation rate hits -0.2 percent
Tuesday, 12 March 2013The Swedish inflation rate was -0.2 percent in February, down from 0.0 percent in January. The Swedish Consumer Price Index (CPI) increased by an average of 0.4 percent from January 2013 to February 2013 (0.7 percent increase from January 2012 to February 2012).
Slow increase of Norwegian consumer prices
Monday, 11 March 2013Norway's consumer prices rose 0.7 percent in February compared to the month before.
Finland ushers World’s largest biomass gasification plant
Monday, 11 March 2013Described as the first in its size in the world, the plant aims to replace up to 40 percent of the domestic coal used for energy production with biofuels.
New Swedish approach to mortgage financing: 140 years to pay off the mortgages
Thursday, 07 March 2013The discussions on bank lending practices, interest rates and the risks of a possible housing bubble continues in Sweden as it emerge that the approach to use about 140 years to pay off mortgage is an approach that will stay.
The Swedish housing index (Boindex) rose to 133.3 fourth quarter of 2012
Thursday, 07 March 2013The Swedish housing index (Boindex) rose to 133.3 in the 4th quarter driven by lower interest rates and higher incomes, which reinforced housing affordability.
Scandinavian property shoppers making a bonanza in Southern Spain
Wednesday, 06 March 2013There has been a large rise in the number of Scandinavian people buying new properties in southern Spain, particularly the Costa del Sol, the property website, Property wire reports
Swedish Chief financial officers getting more optimistic about the future economic outlook
Wednesday, 06 March 2013Swedish corporate financial chiefs have become more optimistic about the economic situation and the outlook of the future.
Continuous growth in Swedish e-commerce
Tuesday, 05 March 2013Swedish E-commerce continued to grow strong according to a new analysis. During the fourth quarter of 2012, there was a record increase in Internet sales in Sweden by 17 percent compared with the year before. This has been determined to be the highest recorded sales in this sector in recent times.
Fall in new registrations of passenger cars and lorries in Sweden in February 2013
Friday, 01 March 2013The number of new cars, that those that have been registered for the first time totalled 19 143 in February 2013. This is a decrease of 13.1 percent compared to February 2012, when 22 020 new cars were registered.
Swedish PMI for February jumped into a growth zone
Friday, 01 March 2013On the back of the Swedish GDP growth, the Swedish Economic situation, going forward, looks good as the purchasing managers index (PMI) continued to improve in February 2013.
Catching up to technological change - even smart phone owners in Sweden to pay TV tax
Wednesday, 27 February 2013Sweden always lead in areas of technological change as well as means and methods of collecting public money emanating or driven by that change. One area where technological change coalesces with the quest to collect more money is in the television viewing sector.
Swedish Foreign trade was down 4 percent 2012
Wednesday, 27 February 2013Swedish imports and exports fell by 4 percent in 2012 Swedish. Decreased trade within the commodity group machinery/transport equipment explained the decline to a large extent.
Swedish household optimism improving
Friday, 22 February 2013The Swedish overall Consumers' expectations, (CCI,) rose to 1.0 in February, compared with -2.9 the previous month.
Swedish jobs market hold unsurprisingly despite persistent dim economic outlook.
Tuesday, 19 February 2013The Swedish job market has seen an increased numbers of employed and no increase in unemployment as the labour market continues to hold unexpectedly better than thought.
Swedish inflation rates 0 percent, inflationary pressure less that expected
Tuesday, 19 February 2013The Swedish inflation rate was 0.0 percent in January, up from -0.1 percent in December.
Volvocar sales continue to race for the bottom - reports it weakest auto sales till date
Tuesday, 19 February 2013Volvo Car Corporation just reported yesterday a review of its brands in a bid to revive the slumping sales the company is facing this moment. Otherwise known as facelift in design and improvement in some engines to conform with improve emission standard, sales of Volvo cars in Europe fell in January compared with the same month in the 2012, a decrease of some 16.8 percent.
Horse meat in ready meals sold in Lidl Sweden as Nestle also join the horse meat chorus
Tuesday, 19 February 2013German food chain Lidl which has been struggling to get a strong hold in the Swedish retail sector has been hit by the horse meat scandal and it remains to see how the Swedish consumers will react. Also Nestle which has bragged that it was not affected by the horse meat dance tune has also join chorus
Any Chance of a Swedish housing price bubble?
Friday, 15 February 2013Swedish house prices have taken some beating in the past few months such that there was beginning to the fears that the so-called over-inflated Swedish house prices could become a bubble. It turns out that such might not be the case.
Tickets for Beyoncé performance at the Globe, Stockholm, sold out
Tuesday, 12 February 2013Swedish entertainment community and the public love Beyoncé. One evidence of that is it took two hours for the tickets to Beyoncé's concert in Sweden this spring to sell off.
Slight improvement in the Swedish job market
Friday, 08 February 2013The unemployment rate in Sweden among the Swedish workforce was 4.8 percent in January, compared with 4.8 percent the previous month.
Average Swedish house price reach more than Skr 1 million in all counties
Thursday, 07 February 2013Swedish real estate prices for one- or two-dwelling buildings were unchanged during the fourth quarter 2012 compared to the third quarter. Prices increased by 2 percent on an annual basis during the fourth quarter, compared to the same period last year.
Sweden continues to relax about foreign-born employees as the job market welcome them more
Thursday, 07 February 2013More people in Sweden with a foreign background are getting into the job market today than a few years before.
Swedish Krona too strong that its pain already told is getting worse - tourism joins other exporters to feel the pain.
Wednesday, 06 February 2013The Swedish currency, the krona has been getting stronger against the world's leading currencies in recent months that all indications show that it will continue to hurt the Swedish economy. Another major area to join the example is the tourism sector.
Despite economy gloom, Finns saw real growth in their earnings last year
Tuesday, 05 February 2013Finnish workers saw their earnings rose by about 0.8 percent in real terms thus indicating that their purchasing power was boosted at the end of last year.
Swedish service sector improved as PMI services rose to 52.4 in January
Tuesday, 05 February 2013The Swedish purchasing managers' index for services (PMI - services) rose to 52.4 in January from 49.1 in December last year. This signals that the sector is likely going to pull the economy alone with that growth.
Swedish PMI increases but still below growth zone
Friday, 01 February 2013The Swedish purchasing managers' index rose in January significantly and unexpectedly. The increase is the largest since the summer of 2009 and suggests that the Swedish industrial market has stabilized after last year's decline.
Christmas retail sales in Sweden disappoints
Tuesday, 29 January 2013For the first time in 17 years Christmas sales in Sweden produced reached a disappointing side of the analysis as fewer shopping days and autumn mass job losses took the air out of Buying spree.
Slower growth rate for Swedish household loans
Monday, 28 January 2013The Swedish Monetary financial institutions’ (MFIs) say that Swedish household loans increased at an annual rate of 4.5 percent. This is lower than in November when the growth rate was 4.6 percent, thus a slight fall.
Changing Swedish jobs market with a more dynamic labour participation
Friday, 25 January 2013It looks like the Swedish labour market is becoming more dynamic with increasing participation of the elderly and immigrants. If the report presented by Swedbank, based on a survey the bank commissioned in accurate, then the Swedish labour market is really changing.
The forest sector in Sweden struggling and no longer seen as safe investment
Thursday, 24 January 2013Last year the prices for forestland in Sweden fell for the first time in over ten years, according to figures from consulting firm LRF consultant, which is tied to the forest sector and owned by farmers association.
Slight movement in the Swedish labour market as unemployment hits 7.4 percent
Thursday, 24 January 2013Swedish job market continues to be tough as in December 2012, the number of employed persons aged 15-74 years amounted to 4 663 000, an increase of 41 000 persons compared to the same period last year.
Swedish jobs market -where there are jobs despite the weak market
Wednesday, 23 January 2013As the Swedish job market continues to weaken, fewer areas in the jobs market have real skill shortages than would have been expected.
Sweden received more immigrants from EU crisis countries
Wednesday, 23 January 2013Sweden last year received more than 5000 immigrants for the crisis countries of the EU states as the better Swedish economy looked like a magnates for jobs seekers from other parts of the EU.
Sales of internet surfboards dominates Laptops in Sweden
Sunday, 20 January 2013Sales of computer tablets and internet surfboards continue to grow in Sweden at the expense of computers and laptops. The questions asked is whether surfboards are more effective in production or just as a tool to show off luxury and to join the hype bandwagon.
Share ownership in Sweden decreases
Friday, 18 January 2013The number of shareholders in various companies in Sweden declined in 2012. At year's end, there were 2,037,941 shareholders in Sweden, which is over 61,000 fewer than a year earlier, according to statistics from the organisation, Euroclear.
Many Swedish firms plan to reduce workforce as external and internal economic situation remains gloomy
Friday, 18 January 2013Close to one in four companies have put staff reductions at the top of the list of actions to reduce costs in 2013, a report from the Swedish daily, Dagens Nyeheter show.
Swedish house prices rose last year - but by how much.
Tuesday, 15 January 2013Swedish house prices rose last year with the largest increase in the major cities as once more it became more expensive to buy a home in Sweden last year. The prices of condominiums increased by eight percent in 2012 and other houses - detached and semi-detaches increased by two percent.
More electric cars on Swedish roads than ever before
Monday, 14 January 2013Never before have there been so many electric cars on Swedish road as today. Latest figures out today from the Swedish Transport Agency show that in 2012 there were a record number of new registrations of electric cars - more than would have been thought.
Swedish clothing sector struggled in December while shoes sales improved
Friday, 11 January 2013Swedish clothing retail sales fell 3.7 percent in December, measured in current prices in identical units, compared with the same month the year before. Shoe sales on the other hand increased by 13.4 percent, a new data from Swedish Trade Federation - Styles which assesses the market in its Style Indices of sales development.
Fear mongering for Swedish increasing layoffs
Thursday, 10 January 2013The increasing notices of redundancy, which has gone up sharply Sweden during the autumn of 2012, has been felt by some analysts as that Swedish unemployment would increase.
Danish consumer prices fall
Thursday, 10 January 2013Danish consumer prices in Denmark fell 0.3 in December from the previous month. Compared with the same month of last year, prices rose 2.0 percent, according to Danish Statistics organisation, statistic Denmark.
New rare diamond find for Lundin Company
Tuesday, 08 January 2013One of Lundin companies, Lucara Diamond has found two additional rare so-called blue diamonds in the Karowe mine in Botswana. Companies share shot up in the company's early trading on Tuesday.
Home care services grew in Sweden as
demnad increased
Tuesday, 08
January 2013Swedes are buying more house cleaners and other household services using the discount program for such created by the government.
Spots of bright lights in the troublesome and gloomy Danish housing market
Monday, 07 January 2013The Danish housing market has continues to hold the economy down and that attitude has persisted. However, there are slight indications that things may be changing for a better.
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