FX.co ★ Sweden Business Confidence Wanes But Still Elevated

Sweden's business confidence index experienced a slight decline to 106.4 in January 2026, down from a 3.5-year peak of 107.4 in December. This marks the end of a six-month trend of rising confidence, although sentiments remain largely positive. The most significant dip was observed in the construction sector, where confidence fell to 97.6 from 99.9 in November, primarily due to more pessimistic employment projections. Other sectors witnessed only minor decreases.