A post by @FirstSquawk on X.

Sweden’s household consumption rose 1.2% month over month in October, up from 1.1% in the prior reading, according to First Squawk. The acceleration suggests consumer demand held up at the start of the fourth quarter despite a soft economic backdrop. The figure is a timely gauge for retail and services activity in one of the euro area’s key Nordic trading partners. Watch next month’s release for whether the gain persists or proves a one-off, along with retail sales and inflation data that shape the Riksbank’s policy path.