Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Swedish business, consumer sentiment slides further in September

Published 09/28/2022, 03:24 AM
Updated 09/28/2022, 03:25 AM
© Reuters. Christmas shoppers maintain social distancing as they ride on escalators in Emporia shopping centre in Malmo, Sweden, December 20, 2020. TT News Agency/Johan Nilsson via REUTERS      ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. SWEDEN OUT

STOCKHOLM (Reuters) - Sentiment among households and businesses in Sweden darkened further in September from an already low level, data from the NIER think tank showed on Wednesday.

Consumer confidence fell to 49.7 points in September from a revised 57.8 points in the previous month.

© Reuters. Christmas shoppers maintain social distancing as they ride on escalators in Emporia shopping centre in Malmo, Sweden, December 20, 2020. TT News Agency/Johan Nilsson via REUTERS      ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. SWEDEN OUT. NO COMMERCIAL OR EDITORIAL SALES IN SWEDEN.

The overall sentiment index fell to 90.8 points from 97.2 points.

"All sectors contributed to the decline with retailers and households falling most," the NIER said in a statement.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.