瑞典的经济趋势指标从9月份的97.8上升到2025年10月的100.8，自2022年7月以来首次超过历史平均水平。零售贸易情绪飙升至114.4，反映出过去强劲的销售和对未来三个月的乐观预期，尽管就业和价格预期仍然低迷。服务业信心改善至102.7，酒店、餐馆和旅行社领涨，而人员租赁仍弱于正常水平。尽管订单积压减弱，但受生产计划的支撑，制造业信心微涨至100.2。尽管一年期预期达到2016年以来的最高水平，但建筑业信心仍低于正常水平，为97.4。消费者信心连续第六个月升至96.8，但对大宗购买仍持谨慎态度。

The Economic Tendency Indicator in Sweden rose to 100.8 in October 2025 from 97.8 in September, surpassing its historical average for the first time since July 2022. Retail trade sentiment surged to 114.4, reflecting strong past sales and optimistic expectations for the next three months, though employment and price expectations remain subdued. Service sector confidence improved to 102.7, led by hotels, restaurants, and travel agencies, while personnel leasing remained weaker than normal. Manufacturing sentiment edged up to 100.2, supported by production plans despite weaker order backlogs. Construction confidence stayed below normal at 97.4, though one-year expectations reached their highest since 2016. Consumer confidence rose to 96.8 for the sixth consecutive month but remains cautious on major purchases.

2025年10月，瑞典商业信心指数从前一个月向上修正的100.6攀升至104.3。这标志着自2022年7月以来的最高读数，表明企业情绪强于正常水平。这一改善主要是由于贸易部门的乐观情绪，而对建筑业的信心仍然疲软。需求状况（-27对-28）与上月基本持平，继续落后于大多数行业的历史平均水平，尽管贸易活动保持在接近正常水平。尽管有报道称过去三个月的就业率有所下降（-5比-4），但公司预计未来的员工人数将略有增加（3比1）。面临劳动力短缺的企业比例保持稳定，低于长期平均水平。与此同时，最近销售价格上涨幅度超过正常水平，大多数行业对价格进一步上涨的预期（14比13）仍然很高。

Sweden’s business confidence barometer climbed to 104.3 in October 2025 from an upwardly revised 100.6 in the previous month. This marked the highest reading since July 2022, signaling a stronger-than-normal sentiment among businesses. The improvement was largely driven by optimism in the trade sector, while confidence in construction remained weak. Demand conditions (-27 vs -28) were broadly unchanged from the previous month and continued to lag the historical average in most sectors, though trade activity held close to normal levels. Despite reports of lower employment over the past three months (-5 vs -4), companies expect a slight increase in staffing ahead (3 vs 1). The share of firms facing labor shortages remained stable and below the long-term average. Meanwhile, sales prices rose more than normal recently, and expectations for further price increases (14 vs 13) remain elevated across most sectors.

瑞典家庭信心指数从上个月向上修正的93.3跃升至2025年10月的96.8，尽管仍低于长期平均水平。尽管如此，最新数据标志着自1月以来的最高读数，因为家庭对过去一年自己的财务状况的看法变得积极（9月为3比-5），而对未来12个月财务状况的预期增强（16比14）。此外，家庭对过去12个月整体经济的评估（-32对-39）没有那么负面，他们对未来一年经济的预期也是如此（-5对-6）。工作不安全感有所缓解，预计失业率会更高的受访者减少（20人对30人），使人们的看法与历史平均水平相一致。与此同时，来年的通胀预期从6.9%小幅降至6.7%，而抵押贷款利率预期基本保持不变（3.4%对3.5%）。

Sweden’s household confidence indicator jumped to 96.8 in October 2025, from an upwardly revised 93.3 in the previous month, though it remains below the long-term average. Still, the latest figure marked the highest reading since January, as households’ views of their own finances over the past year turned positive (3 vs -5 in September), while expectations for their financial situation over the next twelve months strengthened (16 vs 14). Moreover, households’ assessment of the broader economy over the past twelve months (-32 vs -39) was less negative, as were their expectations for the economy in the year ahead (-5 vs -6). Job insecurity eased, with fewer respondents expecting higher unemployment (20 vs 30), bringing perceptions in line with the historical average. Meanwhile, inflation expectations for the coming year edged down to 6.7% from 6.9%, while mortgage rate expectations remained largely unchanged (3.4% vs 3.5%).

瑞典零售额在8月份增长4.4%后，在2025年9月同比增长4.3%，标志着连续第四个月增长。这一增长主要是由于耐用品需求强劲（8月份为8.1%对7.9%），而消费品销售额增长较为温和，从8月份的0.6%增长0.2%。按月计算，9月份零售额微涨0.1%，8月份上调1.1%，为四个月来最疲软的增速。在7月至9月期间，销售额比前三个月（4月至6月）增长了1.6%。

Retail sales in Sweden rose 4.3% year-on-year in September 2025, following a 4.4% gain in August, marking the fourth consecutive month of growth. The increase was largely driven by stronger demand for durable goods (8.1% vs 7.9% in August), while sales of consumables rose more modestly, up 0.2% compared with 0.6% in August. On a monthly basis, retail sales edged up 0.1% in September, following an upwardly revised 1.1% rise in August, marking the softest pace in four months. Over the July–September period, sales increased 1.6% compared with the previous three months (April–June).