More and more Swedes take a more positive view of their own finances, according to a new survey from the opinion polling company Verian.
The greatest faith in the development of one’s own economy is found among young people, but also among those who live in metropolitan areas.
With interest rate cuts around the corner and falling inflation, the optimism of Swedish households is growing. The opinion research company Verian has conducted a survey in which they have asked the Swedes how they think their own economy will develop in the coming year.
More than a fourth, 27 percent, believe it will get better, which is a sharp increase compared to last year’s survey, where only 16 percent believed in brighter economic times.
Younger people more positive than older people
People aged 18 to 29 and 30 to 49 are most optimistic about their own finances. 39 percent and 35 percent respectively in these groups believe that their finances will improve within a year.
– I think my finances will improve. I work, take CSN and live at home, so I save a lot of money on rent and food, says student Talat Köyluoglu.
The corresponding figure for ages 65 to 84 is 9 percent. One person who believes that his personal finances will get worse in the coming year is pensioner Stanley Vendel.
– I have been a government employee, so I get my money in and I work a bit, he says.
Stockholmers most positive
In the Stockholm area, the majority in the region believe that their own economy will improve, with 34 percent.
– There you can imagine that interest rates on, for example, mortgages resonate more with metropolitan residents and Stockholmers than in other parts of the country, says Per Söderpalm, head of public opinion at Verian.
12 percent of Swedes think their economy will get worse, while 58 percent think it will be about the same.
– There is a tendency for the public to perceive that things are moving in a slightly brighter direction when it comes to their own economy, says Per Söderpalm.
“How will your finances be in the coming year?”
April 2024:
Better: 27 percent
Worse: 12 percent
Same: 58 percent
Don’t know: 3 percent
April 2023:
Better: 16 percent
Worse: 26 percent
Same: 55 percent
Don’t know: 3 percent
June 2022:
Better: 14 percent
Worse: 33 percent
Same: 49 percent
Don’t know: 3 percent