Startpage Startpage
Home      Site map      About the website      In Swedish     
PRESS RELEASE
ECONOMIC TENDENCY SURVEY AUGUST 2010

Economic Tendency Survey


Business and consumer. August 2010

The Economic Tendency Indicator was unchanged in August on the previous month. It is still at a level signalling that business and consumer sentiment is considerably stronger than normal.
The confidence indicator for the manufacturing industry rose three points in August after declining seven points the previous month and is considerably above the historic average. The indicator for construction industry has been at around the same level for the past three months. It fell one point in August and remains above the average. The confidence indicator for the retail trade fell back seven points and is currently somewhat below the historic average. The indicator for the private service sector fell seven points in August, but remains considerably above its normal level.
 
The Consumer Confidence Indicator (CCI) rose 1.9 points to 25.2 in August. This means that household attitudes to the economic situation are considerably more positive than normal. The indicator is currently at its highest level since October 2000.
Economic Tendency Indicator
Mean value Maximum value Minimum value Jun 2010 Jul 2010 Aug 2010 Situation¹
100 114,7 74,4 112,0 109,9 109,9 +
¹) ++ The situation is very strong, + The situation is strong, - The situation is weak, -- The situation is very weak
²) Mean-, max- and minvalue from 2001.
The confidence indicator for the business sector fell three points in August, but remains considerably above the historic average. The August decline is mainly due to the fall in the indicators for the retail trade and the private service sector.
Household optimism regarding the economy continued to increase in August. The Consumer Confidence Indicator (CCI), which measures confidence in personal finances and the Swedish economy, rose 1.9 points to 25.2 in August. This means that attitudes to the economic situation are considerably more positive than normal. Both the Macro Index and the Micro Index increased in August, the former rising 1.3 points to 38.9 and the latter 1.6 points to 9.8.
Published: 25 Aug 2010
vit text
Print
Utskriftsversion

STATISTICS

PREVIOUS SURVEYS

CONTACT INFORMATION

Roger Knudsen
Director of Economic Tendency Survey
Phone: +46-8-453 59 06
Mobile: +4670491 36 04

Sarah Hegardt Grant
Press Contact
Phone: +46-8-453 59 11

NEWS BY E-MAIL
National Institute of Economic Research, Box 3116, Kungsgatan 12-14, SE - 103 62 Stockholm
Tel: +46 (0)8-453 59 00, Fax: +46 (0)8-453 59 80, E-mail: ki@konj.se