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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Consumer Confidence fell to 94.3% in October 2026
FMPMonthlyReleased October 2026
Sweden Consumer Confidence fell to 94.3% in October 2026, down 8.0% from September's 102.3% reading. The reading missed the 101.5% consensus by 7.2%. Year-over-year, the indicator is down 2.5%. Over the past 3 months, Consumer Confidence averaged 100.1%, vs 94.37% in the prior 3-month window. The reading is in the 40th percentile of the trailing 24-month range.
Latest Release
94.3
Actual
101.5
Consensus
102.3
Previous
Median Absolute Error
±2.21 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: 103.13
Actual: 94.3
Error: +8.83
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Euro STOXX 50 | ▲ Direct | +0.56 | INDEX | Moves with | → View |
| DAX | ▲ Direct | +0.43 | INDEX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.38 | COMMODITIES | Moves against | → View |
| EUR/SEK | ▲ Direct | +0.32 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Consumer Confidence (Sweden) was reported at 94.3% in October 2026. This missed the market consensus of 101.5% by 7.2%. The reading fell from the previous value of 102.3%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 96.09%, ranging from 92.4% to 102.2% across 12 releases.
WHY IT MATTERS
The trailing three releases averaged 98.17%, up from the prior three at 94.37%. Volatility over the past year (σ 2.36%) is lower than the prior year (σ 6.57%). In October readings over the past 3 years, Consumer Confidence has averaged 97.47%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Euro STOXX 50 (Bullish Euro STOXX 50). A secondary relationship exists with DAX, positively correlated (Bullish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 2.21%.
WHAT TO WATCH NEXT
The next release is scheduled for November 27, 2026. Same-country events in the next 14 days include Interest Rate Decision (Nov 4).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
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Consumer Confidence - SE
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About Consumer Confidence — Sweden
DEFINITION
Index The Consumer Confidence Index is a widely recognized financial indicator that measures the level of optimism or pessimism among consumers regarding the state of the economy. It is based on surveys and data collected from a representative sample of households, and is used by economists and investors to gauge consumer spending patterns and overall economic health. A higher index value indicates a positive outlook, while a lower value suggests a more negative sentiment. This index is a valuable tool for businesses and policymakers in making informed decisions and predicting future economic trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Oct 2026): actual 94.3 %, consensus 101.5 %. Prior reading (Sep 2026): 102.2 %. Before that (Aug 2026): 98 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with Euro STOXX 50 (Bullish Euro STOXX 50, r=0.56) — a useful reference for index-focused traders.
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Economic Calendar - SE Events
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | SE | Retail Sales YoY | 5.5 | 7.2 | 5.8 | 5.65 | Low |
| 07:00 | SE | GDP Growth Rate QoQ | 0.4 | 1.6 | 0.3 | 0.35 | Low |
| 07:00 | SE | GDP Growth Rate YoY | 2.8 | 3.3 | 2.9 | 2.85 | Low |
| 07:00 | SE | Gross Domestic Product MoM | -0.7 | 1.2 | 0.3 | -0.20 | Low |
| 07:00 | SE | Retail Sales MoM | -0.4 | 0.9 | 0.3 | -0.05 | Low |
| 07:00 | SE | Business Confidence | 110.7 | 109.2 | 108.5 | 109.60 | Low |
| 07:00 | SE | Economic Tendency Indicator | 108.1 | 107.2 | 106.4 | 107.25 | Low |
| 07:00 | SE | Consumer Confidence | 94.3 | 102.3 | 101.5 | 97.90 | Low |
| 07:00 | SE | Consumer Inflation Expectation | 7.7 | 6.3 | 6.4 | 7.05 | Low |