”the Decline is explained by weaker signals from all the sectors except for construction and civil engineering”, writes the national institute of economic Research (KI) on the case for the indicator in a press release.
For the manufacturing sector fell confidence indicator four units, which means a decrease of ten units in five months.
stronger than normal, according to the institute. But it is a broad-based decline, and a majority of the delbranschernas confidence indicators have gone down.
the Retail trade confidence indicator fell from 103,1, in december, sek 100.7 in January, while service sector confidence indicator fell for the fourth month in a row and is at a level that indicates a weaker position than normal.
Households surnade also in January.
”Especially pessimistic are households on the Swedish economy in the twelve months ahead,” writes KI.
fell to 90 from 92,4, while the so-called mikroindex fell to 94,1 from 98.2 million.
Households ‘ expectations of inflation one year ahead is, however, remain at 3.4 per cent according to the institute’s average.