📈 Positive signals from retail and households in Sweden! 🛒
👉 The Swedish Institute of Economic Research conducted a survey in April, which showed that the retail trade in Sweden is experiencing a significant upturn. This is a positive development, as it's the first time since June 2022 that the sector's sentiment has surpassed the historical average. Moreover, this surge in optimism is also accompanied by expectations of increased sales volume in the next three to six months, which is a promising sign for the Swedish economy. It's also worth noting that several companies in the retail trade are reporting staff shortages.
👉 Additionally, households in Sweden are optimistic for the seventh consecutive month. They have positive expectations for their finances, although their plans for home purchases, renovations, and car purchases remain relatively low.
❓ With these developments, I'm keen to hear your thoughts: What are your economic expectations?
Let's discuss it! Please comment or send me a DM. 💬 📨
#retail #economicexpectations #Positivesignals
Good to know!