(Bloomberg) -- Sweden's consumer and manufacturing
confidence indexes fell from the highest levels in more than six
years after the central bank said it will have to raise interest
rates more than anticipated.
The consumer index fell to 19.7 from 23 in April, which was
the highest since November 2000, the National Institute of
Economic Research said in an e-mail. The manufacturing index in
May fell to 9 from 13, which was also a seven-year high. The so-
called economic tendency indicator, a combination of both
indexes, fell to 115.9 from 117.4.
Read more at Bloomberg Bonds News
confidence indexes fell from the highest levels in more than six
years after the central bank said it will have to raise interest
rates more than anticipated.
The consumer index fell to 19.7 from 23 in April, which was
the highest since November 2000, the National Institute of
Economic Research said in an e-mail. The manufacturing index in
May fell to 9 from 13, which was also a seven-year high. The so-
called economic tendency indicator, a combination of both
indexes, fell to 115.9 from 117.4.
Read more at Bloomberg Bonds News
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