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Swedish household optimism improving

Friday, 22 February 2013
The Swedish overall Consumers' expectations, (CCI,) rose to 1.0 in February, compared with -2.9 the previous month.

According to a new survey from the Swedish Economic observer and analytical organisation, National Institute for Economic Research of households showed an improved household perception.

This is so because analysts had expected the consumer confidence index would have risen to -0.7 in February, according to a summary of analysts' survey.

Macro Index which reflects the vision of the Swedish economy now and in twelve months, and unemployment trends twelve months ahead, rose to -26.0 compared with -36.2 months before. Micro Index on its part, which reflects the view of personal finances now and twelve months, and planned purchases of durable goods, fell to +5.1 from +7.5.
by Scancomark.com Team

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