Consumer Spending Observer
Consumer Spending Observer: Nothing new to report
Consumer spending stable at a few percent below last year’s level. Corona continues to boost spending on groceries, home electronics, and home furnishing.
23 september 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: A new normal?
Continued stable spending during last week at about 2% below last year’s level, and the growth rate in total spending seems to have reached a new, but temporary, normal.
16 september 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Spending is almost back in town
After a fairly stable summer, September has started off on a stronger footing. Spending patterns are starting to look more and more like 2019 for several sectors, albeit on a lower level.
9 september 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Growth is picking up
Payday bounceback and almost all sectors improved in level terms. The overall trend in spending is stable at around 4% lower compared to last year.
2 september 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Temporary decline, stable trend
Card transaction turnover improved during last week in level terms, but fell in annual terms due to a pay day effect. The overall trend in spending is stable at around 4% lower compared to last year.
26 augusti 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Spending slowly climbs up
Swedish card transaction data indicates that spending is still on track of approaching last year’s level. Growth is driven by groceries spending and offset mainly by a decline in recreation & culture and airlines & travel agencies.
19 augusti 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Spending is improving in the first week of August, while the trend remains stable
Swedish card transaction data indicates that spending is approaching last year’s level. Restaurants & hotels continue to improve, while spending on groceries is much higher compared to last year.
12 augusti 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Spending during the last week, July, and the summer: all stable at about 5% below last year’s level
Some sectors are closing up the gap to 2019 spending. Travel related spending persists at extremely low levels, while spending on restaurants & hotels is approaching normal levels
5 augusti 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Spending is somewhat below last year’s level, but the differences across sectors decrease
Swedish card transaction data up until 25th of July shows spending at about 5% below last year’s level. Restaurants & hotels show a significant improvement, while spending on groceries is less elevated compared to a month ago.
29 juli 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Spending is back to last year’s level
Swedish card transaction data up until 20th of June shows that spending recovered further, and total turnover is now back to last year’s level, with a different composition, however. Total spending excluding grocery stores is also improving and is now down by 8% compared to a year ago.
24 juni 2020: Consumer Spending Observer (pdf)
Consumer Spending Observer: Swedish card transaction spending below normal levels, but improvement underway
Swedish card transaction data up until 13th of June continues to show lower spending compared to a year ago. Underlying trend in spending seems to be picking up slightly.
17 juni 2020: Consumer Spending Observer (pdf)
