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Sweden: Business Cycle Stuck In A Micro Rotation

Published 05/30/2013, 06:50 AM
Updated 05/14/2017, 06:45 AM
  • Micro cycles
  • Macro cycle
  • Swedish long-end rates – now and tomorrow
  • Danske Bank Markets market view in a nutshell
    Micro cycles

    For some time now, the business cycle has seemed to have got stuck in a micro rotation without finding any sustained direction. For Sweden we monitor 17 main groups of economic indicators covering everything from surveys, labour market indicator, the consumer sector and credit, to name a few. Recent data suggests a following of the mini-cycles of approximately 3.4 months. For instance, late last year, a large majority of data weakened. Later, during the first months of this year, the opposite was the case. In particular, February data showed an overweight of 75% for improvement. Available figures for April-May again show a tilt towards weakening. Note, we are not talking about a slump but rather a softening tendency.

    To Read the Entire Report Please Click on the pdf File Below.

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