(ADPnews) - May 31, 2010 - Sweden's economic tendency indicator (ETI), which measures the sentiment of businesses and households, rose to a higher-than-expected 110 points in May 2010 from a revised 104.6 points in the preceding month.
Analysts polled by SME Direkt had on average expected a growth to 105.8 points for this month.
The current level of the indicator still signals stronger-than-normal business and consumer sentiment, the National Institute of Economic Research, KI, said today.
The confidence indicator for the business sector grew to 24 points in May 2010 from a revised 14 points in April.
The indicator for the manufacturing …
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