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Swedish household Optimism declines


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

Latest opinion survey on household economy and developments for the future or households' economic expectations carried out by polling organisation, Skop shows a falling index.

Skop's macro index for household expectations about the Swedish economy fell to +25.0 from +27.6 in May, compared to months before.

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The Macro Index is the difference between those who believe that the economic situation in Sweden is to improve and those who believe in that the economy will deteriorate.

42.8 percent believe that Sweden's economy will be improved the next year. While 17.8 percent think the economy will deteriorate.
Skop analyst Professor �rjan Hult�ke commented that households remain optimistic and that there are many more who believe that the Swedish economy will improve in the coming year than those who fear that it will deteriorate.

"But optimism is declining. This applies in particular to the expectations about the country's economy. The main long-term trend has been downward since the election campaign in 2010, "he said.

The Micro Index, of household expectations about personal finances, fell to +8.9 from +12.6 in May compared with the previous measurement.
The survey covered 1000 people and was conducted between 16Th and 30th of May
By Scancomark.se Team


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