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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Economic Tendency Indicator climbed to 99.3 in May 2026
FMPMonthlyReleased May 2026
Sweden Economic Tendency Indicator climbed to 99.3 in May 2026, up 0.1 from April's 99.2 reading. The reading matched the 97 consensus. Year-over-year, the indicator is up 4.7. Over the past 3 months, Economic Tendency Indicator averaged 99.45, vs 102.27 in the prior 3-month window. The reading is in the 73rd percentile of the trailing 24-month range.
Latest Release
99.3
Actual
97
Consensus
99.2
Previous
Median Absolute Error
±1.92
across last 12 releases
Last Call
May 2026
Predicted: 97.95
Actual: 99.3
Error: -1.35
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/SEK | ▲ Direct | +0.47 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.44 | COMMODITIES | Bearish XAU | → View |
| BTC/USD | ▲ Direct | +0.38 | CRYPTO | Bullish BTC | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Economic Tendency Indicator (Sweden) was reported at 99.30 in May 2026. This beat the market consensus of 97.00 by 2.30. The reading rose from the previous value of 99.20. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 98.98, ranging from 92.80 to 103.70 across 11 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged 99.77, down from the prior three at 102.80. Volatility over the past year (σ 3.35) is higher than the prior year (σ 1.31). In May readings over the past 3 years, Economic Tendency Indicator has averaged 95.97.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/SEK (Bullish USD). A secondary relationship exists with XAU/USD, negatively correlated (Bearish XAU). Over the last 12 releases, the Sigmacast model's median absolute error is 1.93.
WHAT TO WATCH NEXT
The next release is scheduled for June 26, 2026. Same-country events in the next 14 days include Riksbank Rate Decision (Jun 17) and Interest Rate Decision (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Economic Tendency Indicator - SE
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About Economic Tendency Indicator — Sweden
DEFINITION
The Economic Tendency Indicator is a key financial indicator that measures the overall sentiment and expectations of businesses and consumers towards the current and future economic conditions. It provides valuable insights into the health of the economy and can help inform decision-making for investors, policymakers, and businesses. This indicator is based on a comprehensive survey of various economic factors and is considered a reliable gauge of the economic climate.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. 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 (May 2026): actual 99.3, consensus 97. Prior reading (Apr 2026): 99. Before that (Mar 2026): 99.9.
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 bullish 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 USD/SEK (Bullish USD, r=0.47) — a useful reference for forex-focused traders.