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Swedish consumer, business sentiment inches higher in February

Published 02/24/2023, 03:13 AM
Updated 02/24/2023, 03:16 AM
© Reuters. FILE PHOTO: People walk past Christmas window displays at a department store in downtown Stockholm November 28, 2008. REUTERS/Bob Strong

STOCKHOLM (Reuters) - Sentiment among households and businesses inched higher in Sweden in February, with house-builders and retailers bucking the trend, data from the NIER think tank showed on Friday.

© Reuters. FILE PHOTO: People walk past Christmas window displays at a department store in downtown Stockholm November 28, 2008. REUTERS/Bob Strong

Consumer confidence rose to 59.9 points from an upwardly revised 57.7 points in the previous month. The overall sentiment index rose to 85.7 points from a revised 83.3 points.

Sentiment in the building sector fell 2.1 points to 94.5 points with retail down 0.7 points to 77.9 points.

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