Sweden's economic confidence improved for the sixth straight month in December to the highest level in nearly three-and-a-half years, survey results published by the National Institute of Economic Research showed on Friday.
The economic tendency index rose to 103.7 in December from 101.5 in the previous month. Moreover, this was the highest reading since July 2022 and remained above the normal level of 100.
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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.