The Riksbank’s Business Survey: “There was some concern before the summer, but then things took a turn for the better”

The economic situation has improved since last spring and, for the first time since September 2022, large Swedish companies’ assessment of the situation is now above its historical average. Before the summer, there were fears that the war in the Middle East would delay the recovery, but those fears have not materialised. Demand has strengthened and the cost increases resulting from the war are considered to be manageable. As a result, companies are taking a more optimistic view of future developments. This is revealed by the Riksbank’s Business Survey in August.