Family consumption in Sweden elevated by 1.Zero p.c from a month earlier in November 2021, the identical tempo as within the earlier month, with upward strain coming from spending on clothes and footwear (8.7 p.c vs 4.7 p.c in October), meals and drinks (1.6 p.c vs 0.7 p.c), furnishings, furnishings, family gear and consumables (4.6 p.c vs -3.1 p.c), put up and telecommunications (3.5 p.c vs -4.Three p.c), recreation and tradition, items and providers (1.Four p.c vs 0.Three p.c), housing and utilities (0.6 p.c vs -0.Four p.c), and different items and providers (6.Four p.c vs 2.2 p.c). supply: Statistics Sweden
Family Spending MoM in Sweden averaged 0.17 p.c from 2000 till 2021, reaching an all time excessive of 4.20 p.c in Could of 2021 and a document low of -7.10 p.c in April of 2020. This web page features a chart with historic knowledge for Sweden Family Spending MoM. Sweden Family Consumption MoM – knowledge, historic chart, forecasts and calendar of releases – was final up to date on January of 2022.
Family Spending MoM in Sweden is predicted to be 0.70 p.c by the top of this quarter, in response to Buying and selling Economics world macro fashions and analysts expectations. Within the long-term, the Sweden Family Spending MoM is projected to pattern round 0.40 p.c in 2023 and 0.30 p.c in 2024, in response to our econometric fashions.
Swedish Family Consumption Rises 1% in November
Swedish Family Consumption Rises Most for five Months
Sweden Family Spending Ticks Up in September
Sweden Family Consumption MoM
From 2013 onwards Statistics Sweden produces new month-to-month statistics over family consumption. The statistics are an necessary indicator for the enterprise cycle as a result of family consumption accounts for 47 p.c of the entire Gross Home Product (GDP).