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Hikes in Swedish public transport prices as more people are being urged to leave their cars at home

Wednesday, 01 August 2012
Over the past ten years, on average, the price for using public transport by commuters in the various Swedish local counties has increased by 43 percent according to a report conducted by radio Sweden.

Swedish GDP Figures pushed the Krona to a new strength

Monday, 30 July 2012
The Swedish krona took a big jump on Monday as the Swedish GDP growth turns out to be significantly better than expected.

Swedish krona made gains against the euro - its strongest since the 2000

Thursday, 19 July 2012
The Euro fell to the Swedish Krona on Wednesday giving the Swedish currency one of it biggest gains over the Euro single currency since the 2000

Currency: The strong Swedish Krona and weaker Euro puts Swedes in best and cheap Euro holiday places but...

Thursday, 05 July 2012
European vacating Swedes can thank Stefan Ingves for a record-cheap Euro as oppose to the Swedish krona. The exchange rate has not been low in 11 years but it remains to see how this affects Swedish tourist industry.

UK Unemployment Fell by 51,000 to 2.61 million in the three months to April But jobless claim rose.

Wednesday, 20 June 2012
The British unemployment rate fell to 8.2 percent, official data from the British Office for National Statistics (ONS) said on Wednesday.






Swedish unemployment continues to rise

Monday, 13 August 2012
Unemployment in Sweden continues to rise with latest data from the Employment Service, showing that the number of workforce that has become unemployed increased by 1274 persons in week 32 compared with the previous week.

Swedish Service Production Index increased by 1.1 percent

Monday, 06 August 2012
Swedish service production increased by 1.1 percent in volume and working day adjusted figures in June 2012, compared to June 2011.

Swedish restaurant sales up in June

Monday, 06 August 2012
The volume of sales for restaurants in June 2012 showed an increase of 4.9 percent compared to the same period last year.

Fall in Swedish used car sales in July

Monday, 06 August 2012
Sales of used cars in Sweden decreased by 1.6 percent in July from a year earlier, latest reports show.

Fears of growing jobs losses in Sweden in the coming months as economic growth persistently fail to translate to job growth

Saturday, 04 August 2012
As the Swedish economy continues to post higher than expected economic growth, it also shows a growing phenomenon of joblessness growth. There is fear that more people will loss their jobs in the coming months as notices for redundancy shoot up.

Increase Social benefit claim in Sweden

Friday, 03 August 2012
The first six months on 2012 in Sweden has been marked with increased payment of social security benefits by nearly ten percent in Sweden.

More Swedish people would prefer to take early retirement

Friday, 03 August 2012
Although the consensus in various policy places hold that it is important that people work longer these days, in Sweden, a record high percentage of the country's 61-year-olds want to hop out of the work place right now.

Norwegian unemployment rate 2.7 percent

Friday, 03 August 2012
Unemployment in Norway rose to 71 738 people in July, representing 2.7 percent of its workforce, according official data.

Growth in Swedish PMI indicates a rebounding economy

Wednesday, 01 August 2012
Swedish Purchasing Managers Index (PMI)for the Swedish industrial sector rose to 50.6 in July from 48.4 months before. The corresponding month last year, the purchasing managers index 50.1.

Extreme weather and pressures means food price hikes on the way - experts warn

Tuesday, 31 July 2012
Sweden is generally a very expensive place to live, not to talk of the cost of eating. Food is already a very expensive object in Sweden but that is not enough. There is growing warnings of increased hikes in food prices in the coming months.

Danish unemployment just keeps rising but no panic yet

Tuesday, 31 July 2012
Danish economy is not as struggling as before but unemployment is rising as shown by June - May figures, according to seasonally adjusted official data.

How unemployed Swedes are taking away jobs from Norwegian youths

Thursday, 26 July 2012
"Immigrants come here and take our jobs," the Swedes always say most of the time when they see eastern Europeans. Now maybe is the time the Swedes go and take the jobs from other people, in their own countries.

Sweden is waiting to win six Olympic medals in London

Monday, 23 July 2012
Sweden will take a total of six medals at the Summer Olympics in London, two of them could be gold. They will come behind Norway who is pitted to collect 10 medals, according to the American big bank Goldman Sachs in a calculation after analyzing the link between economic growth and prosperity for countries in the Olympic Games.

The financial strength of Ramadan to the Swedish economy revealed

Friday, 20 July 2012
The Swedish economy is reported to benefit economically impressively from the Muslims' period of Ramadan which starts today with a month of fasting.  This year, it is expected that trade will grow up Skr1 billion mark in sales at grocery stores. For trader in Malmo, Southern Sweden, this is the most important festival after Christmas.

Household debt crushing Swedish people as they more debt restructuring

Friday, 20 July 2012
The Swedish debt enforcement organisation, Kronofogden is forced to seek additional resources to cope with the influx of people applying for debt consolidation.

Banking scandal could kill British economic last hope - the financial sector

Tuesday, 17 July 2012
Britain became one of the industrialised countries that could not produce tangible goods even though many revolutionary creations started from here. They shifted to the financial and banking sector.

Intense calls for investigation of Swedish banks' interest rate system after the Libor Scandal in the UK

Monday, 16 July 2012
Questions are being asked in the Swedish banking sector if similar libor scandal and rate fixing as in the UK is also entrenched in the Swedish banking system.

Reasons to buy more Swedish dairy - Swedish dairy cows very healthy

Monday, 16 July 2012
One main reason to buy Swedish dairy is that the animals that produce meat and milk reared in Sweden are some of the healthiest in the world.

Swedish traders expect bumper business with the Olympic games

Monday, 16 July 2012
The Olympic Games is in London but the Swedish business people will be cashing on it as if it were in Sweden.  Therefore, Swedish traders are expecting a boost in their operation in conformity with the game.

Digital music sales grow apparently driven by Spotify

Friday, 13 July 2012
There is a boom in the Digital music sector as the Swedish branch of the industry reports growing revenue from streaming services. Revenue rose by 79 percent in the first half of this year, accounting for more than half of total sales of music this way.

Heavy rainy semester forces Swedish people to record-breaking summer holidays to sunny areas

Friday, 13 July 2012
Sales for holiday trips to the sunny places are breaking all records. Since midsummer, 20 - 30 percent of trip to sunny places have been sold to Swedish people, more than the same period last year.

That the Swedish Krona is over valued

Thursday, 12 July 2012
The krona is very strong and trading against the euro, the currency recorded its highest number since 2000. This has been blamed on the Swedish central bank, the Riksbank's relatively tight monetary policy, a decent development on the stock market and higher interest rate differences between Sweden and the euro area.

Munch Scream sold to U.S. billionaire

Thursday, 12 July 2012
The American billionaire Leon Black has bought Edvard Munch's The Scream in the spring.

Swedish house prices rose gently but prices are still depressed comparatively

Wednesday, 11 July 2012
Swedish house prices have risen slight recently with the prices of condominiums going up within the past three months by one percent averagely nation wide.

New orders growth for Swedish industrial sector in May

Tuesday, 10 July 2012
New orders for Swedish industry increased by 4.5 percent in May compared with April. On an annual basis, however, the total orders show a continued fall. In May it fell by 3.3 percent over the same month last year

Weak June for Swedish retail trade -cloths hardly hit but rain lift shoe sales

Tuesday, 10 July 2012
Swedish people  are not shopping as required  and clothing sector has been hard hit but the heavy rains means that shoe sales increased some what.

Norwegian government leaped to stop oil conflict as the effect is felt in the oil prices

Tuesday, 10 July 2012
The Norwegian government has taken a bold step to stop a pending strike that was on its way in the sector by platform workers and prevented a possible shutdown of oil production that the strike would have ensure. The government's action was saving a situation that could have cost Nkr2 billion

So what do Swedish people think about house prices

Monday, 09 July 2012
Swedish households anticipate a slightly stronger growth of house prices in July compared to what they did last month. This is just a view based on a new survey but many of such surveys have led no where given that house prices continue to either stagnate of fall slightly.

Swedish Unemployment is rising – faster that anyone imagined

Friday, 06 July 2012
Where are the jobs Sweden? What is happening with the Nordic tiger economy where unemployment rate among the workforce jumped 4.4 percent in June, compared with 4.0 percent the previous month.

Earning gap between immigrants and Norwegians narrows signifying a more broad based and open job market

Friday, 06 July 2012
One major observation in Norway which might encourage Sweden to look into closer is its labour market. The gap between Norwegians and immigrants has narrowed, suggesting a pretty welcoming and broad based market.

Swedish Middle class finding difficulties to save – government blamed for encouraging borrowing

Thursday, 05 July 2012
Many middle class Swedes have been found as having it hard to carry out any form of savings.  This comes after the bank, Länsförsäkringar posit that this group of Swedish people do not manage to pay their bills if their salary falls inside the end of the month.

How the Swedish Employment Services fail to assist the unemployed in their job search

Wednesday, 04 July 2012
The characteristic of the job market is made such that there is a sector of the population that can get all the help it needs to improve on their skills and get direction on how to get a job. One can say, this is the sector to the population that the market was design for. Yeah? Wrong.

Diamyd Medical reports results from Phase II study in cancer pain

Tuesday, 03 July 2012
Diamyd Medical AB reports that a Phase II study evaluating the Company’s drug candidate NP2 Enkephalin did not meet its primary objective of reducing pain in subjects with severe intractable cancer pain.

Swedish PMI for June fell to 48.4 – showing gloomy economic outlook

Monday, 02 July 2012
The Swedish purchasers’ managers Index which determines the feeling in the manufacturing sector fell in June to the zone which shows a gloomy economic outlook.

Stockholm and most European major markets crush barrier on Friday as the EU summit give better than expected solution for the Spanish economy

Friday, 29 June 2012
Surprising news from the EU summit was good for risk appetite in the Stockholm stock market n Friday and it ended in a crushing highest level ever seen this year.