Swedish Consumer Confidence Climbs in May

INVESTING.COMMay 28, 7:42 AM UTC

Key insights

  • Swedish consumer confidence edged higher in May, but the overall sentiment index saw a marginal increase. This data is unlikely to have a significant impact on U.S. equity markets.
Swedish Consumer Confidence Climbs in May

Investing.com -- Swedish consumer confidence increased in May, reaching 92.4 points compared to 91.7 points in April, according to data released Thursday by the National Institute of Economic Research (NIER).

The April figure was marginally revised upward from its initial reading.

The overall sentiment index, which combines consumer confidence with readings from industry, construction and retail sectors, rose to 99.3 points in May from 99.2 points in April.

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