2026.05.2807:18:22UTC+00Swedish Consumer Morale Improves in May

Sweden’s household confidence index rose to 92.4 in May 2026, up from a revised eight‑month low of 91.7 in April. Households turned more optimistic about their personal finances over the coming twelve months (7 vs 5 in April), while their assessment of the broader Swedish economy was unchanged (-23). At the same time, worries about unemployment over the next year eased (26 vs 32), and views on purchasing major capital goods became slightly less pessimistic (-15 vs -17).

In contrast, expectations for personal savings over the next twelve months slipped marginally (46 vs 47). On the price front, households anticipated slightly lower inflation in the year ahead (7.4% vs 7.5%), and their perception of inflation over the past twelve months also moderated (10.2% vs 11.2%). Meanwhile, expectations for the variable mortgage interest rate were stable at 3.8% over both the one‑ and two‑year horizons, with the five‑year rate expected to be slightly lower at 3.7%.