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Sweden Economic Confidence Rises To 40-Month High

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Sweden's economic confidence strengthened in November to the highest level in more than three years, survey results published by the National Institute of Economic Research showed on Thursday.

The economic tendency index rose to 101.7 in November from 100.9 in the previous month. Moreover, this was the highest reading since July 2022, and remained above the normal level of 100.

Among sectors, the morale for the construction strengthened significantly, with the corresponding index rising to 102.5 in November from 98.0 in October.

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