actual 1.6, previous -1.1
On January 10, 2025, at 07:00 GMT, the economic calendar includes the "Household Consumption YoY (Year-over-Year) for November" report for Sweden (SE). This report measures the percentage change in household consumption compared to the same month in the previous year.
The actual value reported is 1.6%, which is higher than the previous value of -1.1%. This indicates an increase in household consumption compared to the previous year. The market consensus or estimate was 0.7%, and the previous value had been -1.1%.
The impact of this event on the market is considered low. The currency affected by this report is the Swedish Krona (SEK). The change percentage from the previous value is 245.455%, showing a significant improvement in household consumption compared to the previous year.
Overall, this report suggests a positive trend in household consumption in Sweden, which can have implications for the country's economic growth and consumer sentiment.