Sweden's Consumer Confidence Index (CCI) displays the level of consumer confidence in the stability of the country's economy. The index is calculated monthly based on a consumer survey. Two components are calculated within the same framework: a micro-index and a macro-index. The first one reflects the confidence regarding personal finance, the second one addresses opinion regarding the entire Swedish economy.
Readings above 100 indicate consumer confidence and a favorable economic environment in the country. Therefore, a higher than expected growth can be seen as positive for SEK.
