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swedish business confidence declines while consumer sentiment improves

A recent economic tendency indicator in Sweden dropped to 93.6, down from a revised 94.6, signaling a decline in business sentiment and dampening recovery hopes. In contrast, consumer confidence rose for the 13th month in a row, surpassing 100 for the first time in nearly three years. However, the manufacturing sector's sentiment fell to 91.8, marking its lowest point since June 2020.
Bloomberg.com
National Institute of Economic Research SWE
Finance & Economy, Market Report
10:04 30.10.2024
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