Sweden's Business Confidence Index reflects the optimism of the country's companies regarding the current economic environment. The index is calculated monthly based on an online survey of 7,000 Swedish businesses. Manufacturing companies evaluate the current situation in terms of orders, finished product inventories, expected production volumes and employment.
The Business Confidence Index is one of the key indicators characterizing the business environment and the general state of the country's economy. Higher than expected readings indicating improving business conditions and positive sentiment in the Swedish business environment This can be seen as positive for SEK.