Household consumption in Sweden rose 2.6 percent from a month earlier in May of 2021, after an upwardly revised 5.4 percent decline in April. This was the steepest increase in household spending since January. Year-on-year, household spending advanced 8.8 percent, with transport and retail sales and service of motor vehicles making the biggest positive contribution. source: Statistics Sweden
Household Spending in Sweden averaged 0.15 percent from 2000 until 2021, reaching an all time high of 3.20 percent in October of 2003 and a record low of -7 percent in April of 2020. This page provides - Sweden Household Consumption MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Household Consumption MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Household Spending in Sweden is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Household Spending in Sweden to stand at 0.60 in 12 months time. In the long-term, the Sweden Household Consumption MoM is projected to trend around 0.50 percent in 2022 and 0.40 percent in 2023, according to our econometric models.