Sweden business confidence rises to 109.3 in September, highest since May 2022

  • Sweden’s business confidence indicator increased for a sixth consecutive month in September 2026.
  • 109.3 was the highest reading since May 2022, up from 107.5 in August.
  • Companies reported stronger employment and hiring plans, while demand remained at -18.

Sweden’s business confidence indicator rose to 109.3 in September 2026 from 107.5 in August, marking a sixth consecutive monthly increase and its highest level since May 2022. The reading moved further above the historical average of 100, indicating continued improvement in overall business sentiment. Demand conditions were unchanged at -18, remaining close to their historical average. Companies reported a modest improvement in employment over the past three months, with the measure rising to 2 from -2. Hiring plans for the next three months also strengthened to 7 from 6, pointing to further workforce growth. Employment plans were stronger than normal in manufacturing and construction but weaker than normal in trade. Expectations for sales-price increases edged up to 22 from 21, showing that price increases remained more widespread than normal across all sectors.

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