Sweden's economic confidence increased for the second straight month, though it still remained below the normal level, survey results published by the National Institute of Economic Research showed on Thursday.
The economic tendency index rose to a 6-month high of 96.0 in August from 93.1 in the previous month. Nonetheless, the indicator continued to signal weaker-than-normal sentiment.
Among sectors, the index measuring confidence in the service sector strengthened to 99.2 in August from 97.0 in July. Further, the index has now moved closer to the normal level of 100 amid positive expectations regarding demand developments over the coming three months.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.