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FX.co ★ Swedish Household Confidence Eases Slightly in October, Year-on-Year Growth Slows

Swedish Household Confidence Eases Slightly in October, Year-on-Year Growth Slows

Household confidence in Sweden softened in October 2026, with the year-over-year indicator slipping to 3.30% from 3.50% in September 2026. The data, updated on 11 November 2026, show that while sentiment remains in positive territory on an annual basis, the pace of improvement has moderated compared with the previous month.

The figures are based on a year-over-year comparison, meaning the current 3.30% reading reflects the change in household confidence in October 2026 relative to October 2025. Similarly, the earlier 3.50% figure for September captured the change versus September 2025. The slight deceleration suggests Swedish households are still more confident than a year ago, but less so than they were in the prior month.

This cooling in momentum may signal that households are becoming more cautious heading into the final months of 2026, even as overall sentiment remains stronger than a year earlier. Investors and policymakers are likely to watch upcoming readings closely for further signs of a shift in consumer outlook.

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