FX.co ★ Swedish Household Spending Rebounds

Household spending in Sweden rose by 0.7% month-on-month in January 2026, rebounding from a downwardly revised 3.3% decline in December 2025. The recovery was largely driven by higher consumption in transport, retail trade, and motor vehicle services, which increased by 5.4% after a 6.3% drop in the previous month. Additional support came from higher spending on housing, electricity, gas, and heating (up 0.6% after a 0.7% fall), as well as food and beverages (up 0.2% after a 1.1% decline).

Consumption also picked up in several other categories: clothing and footwear (1.0% vs -4.1% in December), furniture, furnishings, household equipment, and consumables (2.9% vs -0.9%), restaurants, cafés, hotels, and other accommodation services (1.7% vs -0.6%), and other goods and services (2.3% vs -3.5%). In contrast, spending fell in post and telecommunications (-3.4% vs +0.9%) and in recreation and culture (-0.4% vs -9.9%).

On an annual basis, household consumption increased by 2.8% in January, gaining momentum from an upwardly revised 1.0% year-on-year rise in the previous month.