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Market Update: Swedish Consumer Morale Strongest since 2010
The consumer confidence indicator in Sweden rose further to 112.3 in May of 2021 from an upwardly revised 103.6 in the previous month. It was the highest reading since December of 2010, as consumers were more optimistic regarding the development of the Swedish economy (21 vs 15 in April) and their personal finances (25 vs 22). source: National Institute of Economic Research, Sweden [/s2If]
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