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Petrol sales continue to fall in Sweden in favour of E85

Friday, 15 July 2011
Sales of fuel class ethanol fuel blend or the E85 increased by 11 percent in the first half of the year in Sweden, according to preliminary statistics from the Swedish Petroleum Institute (SPI).

Average price for a Swedish home reaches an untouchable limit of Skr 2 million

Friday, 15 July 2011
In the past days we have been reporting a slight fall in the Swedish house prices. It turns out that the prices had risen so high that a 1 or 2 percent fall means virtually nothing.

Real Fall in the prices of flats in Sweden

Thursday, 14 July 2011
Prices for condominiums in Sweden fell during the month of June with 4 percent, compared with May.

Danish Economists weigh the advantage of Denmark to remain outside the euro single currency Union

Wednesday, 13 July 2011
The support among economists for the single European currency in Denmark declines in step with the problems looming large in the euro countries.

A record number of homes for sale in Denmark as demand weaken

Wednesday, 13 July 2011
71,000 houses, condominiums and holiday homes are for sale in Denmark, which is being classed as a record number of homes supplied. It is the first time that there are more than 70,000 sales displays in Mortgage monthly housing supply statistics that goes back to January 2004.

Danish housing market has lost momentum

Tuesday, 12 July 2011
Danish housing market seem to have lost its momentum. According to Nybolig, a real estate company with broad base background in Denmark,  the number of homes sold in the country plunged by 13 percent in the second quarter compared to same period last year.

Swedish house prices among the overvalued in the world - Economist

Monday, 11 July 2011
The issue of Swedish over valued house pries has been raised again. This time by the respectable British based economic news magazine, the Economist.

Prayers of the Swedish people? More believe in falling house prices…

Monday, 11 July 2011
The proportion of Swedish households who believe in falling house prices in the future has increased dramatically in the past month, from 22 to 33 percent, and those who believe in the rising prices are no longer in the majority.

How tourist pay very high Credit Card Fees in Denmark

Sunday, 10 July 2011
Tourists spend a lot of money in Denmark. But they also pay exorbitant fees when they swipe their payment via cards.

Drop in cases of credit card fraud and card theft in sweden this year

Sunday, 10 July 2011
The number of complaints about Credit card and general card fraud fell by 23 percent in the first half of this year compared with the corresponding period in 2010, according to latest reports.

More Swedes believe in fall in real estate prices

Friday, 08 July 2011
The Swedish household has lost confidence in house prices and expectations for houses and condominiums market prices points to a falling territory, a confidence that is at their lowest level since summer 2009.

Heavy Snow fall in Sweden may have given pushed for oversupply of houses in the second quarter

Friday, 08 July 2011
Running a home in snow ravage Sweden was very costly than living in apartments. This might have led to increase in the number of houses, known here as “villas” and cottages supplied in the market in the second quarter of this year.

Increased flights activities on Swedish air space as travel increase by ten percent

Friday, 08 July 2011
Flights in Swedish airspace increased by ten percent in the first half of 2011 compared to same period last year, according to statistics from the LFV.

Increase Swedish Industrial production in May

Friday, 08 July 2011
Morning Industry production data show that the Swedish economy is still booming. But the modest orders testify that a slowdown is in sight. It is worrying that the orders do not increase more according to analysts.

Swedish Unemployment rises

Friday, 08 July 2011
A troubled spot in the Swedish economy, unemployment persist as open unemployment in the country’s workforce reached 4.1 percent in June, compared with 3.8 percent the previous month. In June 2010, unemployment was 4.8 percent.

Finnish trade with developing countries expand

Thursday, 07 July 2011
Finland carried out more trade with developing countries last year compared to the year before. It amounted to some 15 percent of all foreign trade for both imports and exports.

Norwegian oil fund make multi – million Euro investments in Paris

Tuesday, 05 July 2011
The Norwegian oil fund is about to make a multi-million Euro business in the Paris region.

Immigrants in Sweden start their own businesses for lack of alternatives and political pressure

Tuesday, 05 July 2011
One very important fact about the working life of the immigrants in Sweden is that many are self-employed. Among non-European immigrants, the numbers who have decided to set up their own businesses has doubled since the 1990s. But this is sometimes a "forced" gamble because many go bankrupt after just one year, according to a recent study.

Increase activities in the Swedish real estate market as Swedish investment competitiveness attract foreign investors

Monday, 04 July 2011
The total transaction volume on the Swedish property market amounted to Skr29 billion during the second quarter of 2011, according to property consultant Jones Lang LaSalle's assessment on Monday.

More credit fraud in Sweden in the past months than expected.

Monday, 04 July 2011
The number of reported credit fraud in Sweden has increased by 12 percent to 1,466 complaints so far this year, according Swedish credit organisation, UC.

More Swedish recruitment carried out through recruitment agencies

Monday, 04 July 2011
Swedish recruitment agencies are playing a leading role in increasing companies hiring needs more that would have been expected. This means that direct application for jobs advertised in companies or spontaneous application to companies might not be successful or would even be ignored.

Sweden’s household debt mountain is decreasing faster than expected but there is still demand for it to fall faster and quicker

Saturday, 02 July 2011
The growing Swedish house hold debt is increasing at the lowest rate seen in 12 years, but it must slow down more. It should also be in line with rising interest rates that cool the housing market, says Swedbank's chief economist Cecilia Hermansson.

Deep water cables will facilitate Swedish electricity supply to Lithuania

Saturday, 02 July 2011
Despite persistent increase in electricity prices in Sweden, the country is still determined to sell some of its energy abroad. Such a move is that on going in which Lithuania and Sweden have joined forces to bring in Lithuania as a partner in the Nordic power exchange, Nord Pool Spot.

Painfully hard to get a jobs in Denmark

Saturday, 02 July 2011
Economically, not very great news comes out of Denmark these days. The little stubborn Scandinavian economy used to boast of unemployment of 2 to 3 percent and trucks and trains load of Swedish workers used to be ferried over the �resund Bridge to work in Denmark. These days, things have changed.

Unexpectedly gloomy Swedish industrial production in June - PMI

Friday, 01 July 2011
Swedish industrial buoyancy is gradually dying down in an unexpected fashion especially when compared with observations in two years. New orders from domestic market were particularly weak and those from abroad also showed signs of slow down in June.

Swedish house prices start falling

Thursday, 30 June 2011
It is not yet clear if this will be a celebration or fears from sectors of the Swedish economy but what we have been expecting in the Swedish housing sector has started happening. Home prices fell in all three Swedish metropolitan areas in the second quarter and the decline is expected to continue in the third quarter, to a lesser extent than in the second quarter.

Swedish supermarket giants stop the sale of sprouts after EHEC-type bacteria scare

Wednesday, 29 June 2011
After yesterday's discovery of the severe EHEC type in Sweden, the big food giants Ica, Coop and Axfoord taken the decision to withdraw sprouts and completely stop selling.

Real incomes in Finland fall

Tuesday, 28 June 2011
Finnish consumers' real income is expected to fall this year because of rising prices.

Sharp increase in complaints against real estate dealers in Sweden

Tuesday, 28 June 2011
During the first six months of this year 48 real estate agents in Sweden were warned to have breached good real Estate code.

Swedish black market puts the tax man in Billions of losses

Monday, 27 June 2011
Every year Skr20 billion is lost in taxes collection particularly in general trade, restaurant industry and other industries where the payment is made by card or cash, according to a report from the Swedish Tax authority.

Weak boat sales in Sweden this year as strong economy diverts peoples' attention to other things

Saturday, 25 June 2011
Boating is the anticipated activity of the Swedes when summer starts creeping in. As such during these periods, when the Swedes see a rare glimpse of good weather, boats sales are usually brisk business as shown in the past years. But this year is deviating from the traditional trend.

Swedish nuclear power station, Oskarshamn cleared of any safety risks

Saturday, 25 June 2011
The international energy watchdog, IAEA now believes that the Swedish nuclear power plant, the Oskarshamn nuclear power plant is now safe of risks previously identified back in 2006.

Swedish used luxury car market smeared with Scrap Cars sold as luxury cars

Thursday, 23 June 2011
Stockholm police have revealed an extensive organized trading in cars in which cars which look like luxury cars are sold clean and nice. But behind the cars is in fact scrap vehicles from the U.S. that have been repaired with stolen car parts.

Drop in Swedish producer and import prices in May

Thursday, 23 June 2011
Swedish import prices fell 1.5 percent and export prices 0.6 percent from April to May. Producer prices on the domestic market dropped 1.1 percent and producer prices in total fell 0.9 percent.

Sweden shows how to make money from Tourism. Revenue from the sector increased in 2010

Wednesday, 22 June 2011
Sweden made more money from tourism in 2010 that the year before. Evidence from the Swedish Agency for Economic and Regional Growth, or Tillv�xtverket show that Sales revenue generated from tourism in Sweden increased by 3.2 percent in 2010 - to Skr255 billion.

Something happened to the Stockholm stock Exchange – what is it that made the market traded at a rare positive territory.

Tuesday, 21 June 2011
The Nordic stock markets were up on Tuesday just like in Stockholm and the rest of Europe. Particularly in Stockholm we are seeking to know why such a phenomenon created such a big change in the day.

Swedish Pension Fund invested in Greek government securities

Monday, 20 June 2011
Swedish pension fund, AP Fund invested in Greek government bonds worth €308 million which equates to about Skr2.8 billion.

Sensitive Stockholm stock exchange continues to fall as the Greek crisis rumbles

Monday, 20 June 2011
Start of the week’s trading on the Stockholm Stock Exchange began with falls. After an hour's trading, the Stockholm Stock Exchange's general index has already fallen by 1.4 percent mainly due to developments in Greece. The stock market had been performing badly anyway.

European car sales growing upward and Swedish cars makers enjoying some market gains

Saturday, 18 June 2011
New car registrations in Europe rose by 7.1 percent in May, compared with 2010 latest figures from the European motor trade association, ACEA shows.

Swedish house prices have started falling but some sectors still hold sort of

Wednesday, 15 June 2011
For the second consecutive month up till May, Swedish house prices have been dropping especially prices for flats but to some extent those for normal house known here as Villa are holding on.

Swedes see Sony Ericsson as their must have mobile device

Tuesday, 14 June 2011
Sony Ericsson is a Swedes' dream mobile phone device, speaking about patriotism, the market and love for ones own product.

Stena Renewable invests in Wind Power worth Skr1.2 billion

Tuesday, 14 June 2011
Wind power company Stena Renewable has signed an agreement to purchase 40 turbines from General Electric.

Swedish Inflation turned out to be lower than expected

Tuesday, 14 June 2011
Swedish consumer prices rose 0.2 percent in May from the month before, according to Statistics Sweden. Compared with the corresponding month of 2010 the consumer prices index (CPI) rose by 3.3 percent.

Looking for work? Swedish employers hiring again

Tuesday, 14 June 2011
After a cautious first half, Scandinavia’s biggest economy, Sweden is seeing a rebound in hiring after a period of cautiousness in the job market.

High demand for labour in Sweden

Tuesday, 14 June 2011
Sweden continues to be the island in an economic turbulent Europe where all seems to be going well. On the employment front, reports hold that in the month of May, the number of vacancies online in the country was by 20 percent compared with May last year.

Swedish Match raises the price for snuff also known as Snuss

Monday, 13 June 2011
Swedish match the monopoly in the production of snuff or snuss or chewing tobacco in Sweden announced that it is upping the price for the additive product.

The limping Stockholm stock market bite a big chuck out of Swedish household wealth

Monday, 13 June 2011
The persistent poor performance of the Stockholm stock market this year has constricted Swedish household wealth as the Swedish household net worth fell by Skr60 billion to Skr7 420 billion during the first quarter.

Average price for tenant-owned flats in sweden stood for Skr1.3 million

Monday, 13 June 2011
In 2010, approximately 97 000 tenant-owned flats were sold in Sweden for a total value of SEK 127 billion, an increase of slightly more than SEK 14 billion compared to 2009.

Swedish household Optimism declines

Monday, 13 June 2011
Swedish households on the whole continue to remain optimistic about their economic development, but the overall optimism is declining compared to past months.

Nordea believes in higher Swedish inflation in their recent view on the economy

Friday, 10 June 2011
The biggest Scandinavian bank, Nordea expects inflation in Sweden to rise to 3.5 percent in May, according to a forecast.

Swedes loose faith in the stock market. The market itself continues to fall

Friday, 10 June 2011
The Swedes have become more pessimistic about the stock market. Less than half of shareholders now believe that the stock market will go up, which is down by almost 8 percentage points since April.

Drop in Swedish industrial production in April

Friday, 10 June 2011
Swedish industrial production decreased by 0.7 percent in seasonally adjusted figures in April compared to March.

Slight fall in new Swedish industrial orders in April

Friday, 10 June 2011
New orders to Swedish industry decreased by 0.1 percent from March to April, according to preliminary figures from Statistics Sweden (SCB).

Mortgage Company SBAB lowers interest rates

Thursday, 09 June 2011
Mortgage Company, SBAB, lowers interest rates on mortgages with two and ten-year period with 0.04 and 0.18 percentage points.

More Foreign tourists to Sweden

Thursday, 09 June 2011
The tourist season has started and Sweden is once more receiving more foreign tourists.

Swedish Unemployment continues fall like nothing seen before

Wednesday, 08 June 2011
Signs that the Swedish economic miracle is beginning to be felt right down to the common man seem to be noticeable even by top critics. Some unlikely types of people are getting jobs now in Sweden ssignalling the point that Sweden may the place for a job seeker right now. 

Sweden continues to sell its ports – new openings on the island of G�tland

Sunday, 05 June 2011
The Swedish government’s drive to liberalise resources for the market continue with news on Sunday that a few more ports on the Swedish island of Gotland could be put the market for sale.

Increase activities in Swedish airspace as air transport expansion increases unabated

Saturday, 04 June 2011
Swedish air travel is waxing on pretty well at the moment and both the number of flights and passenger are increasing. For this reason, the Swedish LFV (Luftfartsverket), the organisation in charge of Swedish air traffic management is now reviewing up its forecast for this year.

Expected fall in the price Swedish vegetable as growers watch the effects of the E coli scare hit them

Friday, 03 June 2011
It is clear that the outbreak of the e-coli disease first claimed to have originated from vegetables such as cucumber and now lettuce will affect the sales of vegetables especially the salad vegetables. Therefore Swedish farmers are bracing for a fall in sales of their products.

Swedish Sick Pay Rules scares away jobs – new survey shows

Friday, 03 June 2011
The Swedish Federation of Business Owners known in its Swedish acronym F�retagarna claims that between 25,000 and 55,000 jobs could be lost as a result of complex issues in the companies' sick pay liability rules.

Rise in Swedish traffic to New York this summer

Thursday, 02 June 2011
The record weak dollar against the Swedish Krona is attracting many Swedes to New York this summer.

Reduced VAT could lead to the creation of 3500 jobs in Sweden

Wednesday, 01 June 2011
The government's promise of halving the restaurant tax in the Spring Budget Bill is becoming a reality.

Is Sweden’s Industrial production putting on the breaks?

Wednesday, 01 June 2011
It looks like the Swedish industrial production is slowing down if one was to take the figure from the purchaser’s managers index (PMI) close to heart.

Swedish Car sales continue to impress reflecting the economy

Wednesday, 01 June 2011

In May 30 853 new passenger cars were registered in Sweden, according to latest reports which also show an increase of 23.4 percent from the same month last year. Saab saw its sales slumps as the company’s negative PR chased always potential enthusiastic customer. Heavy trucks recorded record registration.

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More Swedes are less satisfied with their jobs

Wednesday, 06 July 2011
Job satisfaction in Sweden is falling like never before and this seems to be the price to pay for the economic boom the country is experiencing.

Surprise fall in Swedish Retail trade in May

Tuesday, 28 June 2011
Swedish retail trade sales volume decreased by 1.1 percent in May compared to the same month last year.

New Norwegian oil discovery in North Sea

Tuesday, 28 June 2011
The Norwegian oil and gas group Statoil has discovered oil and is known as condensate, light crude oil in the North Sea.

Sweden continues to enjoy higher trade surplus

Monday, 27 June 2011
Swedish foreign trade resulted in a May surplus of Skr5.7 billion, according to figures from Statistics Sweden (SCB).

Rise in the sales of strong alcoholic beers in Sweden

Tuesday, 21 June 2011
The sale of strong beer, that those with an alcoholic content of more than 6 percent, increased by 131 percent in May, according to the Swedish Brewers.

Difficulties for refugees in Sweden to get jobs but those in Stockholm do better

Monday, 20 June 2011
Of the refugees who come to Sweden, those who ended up in Stockholm have it easier to get to get a job unlike those who ended up in other parts of the country.

Over 200 000 new jobs in Norway by 2014 and foreign workers are the target

Wednesday, 15 June 2011
Norwegian Central Bureau of Statistics (SSB) estimates that Norway will have 220 000 new jobs by 2014. Most of them are expected to go to foreign workers.

Finnish inflation rose in May

Tuesday, 14 June 2011
Statistics Finland has released new figures showing year-on-year consumer price inflation was 3.3 percent in May.

Increased border trade between Swedish and Germany on beer

Wednesday, 08 June 2011
Swedish brewers have sold a record amount of beer via the German border stores for the last five months: 2.8 percent more than the same period last year.

Asian Nokia's competitors eating more into its market share as the Finnish giant slumps

Wednesday, 01 June 2011
Electronics shares lifted the Asian stock exchanges during Wednesday's trading session, after Tuesday's profit warning from Nokia, its downward march in the lost market share was eminent and continued. But this happened at the expense of its competitors many of them bases in Asia

Past market news headlines in May, 2011

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