Dagens industri: Few Swedish Households Expect Economic Boost from Budget

A recent survey indicates widespread pessimism among Swedish households regarding the government's autumn budget proposal. Conducted by Kantar on behalf of SBAB, the poll reveals that only one in five respondents believe the proposed measures will positively impact their personal finances, highlighting significant uncertainty and skepticism despite the budget's intent to benefit broad income groups. The survey, a component of SBAB's regular 'Spartempen' study, encompassed 1,071 individuals between the ages of 18 and 79. While 20% of households anticipate a positive outcome, a substantial 35% remain unsure about the budget's potential impact. Slightly over 10% of households expect a negative influence, while 30% predict the budget will have no discernible effect. Robert Boije, Chief Economist at SBAB, expressed surprise at the prevailing lack of optimism. He noted that several key proposals, including reduced VAT on food, lower income taxes, and increased benefits, are specifically designed to aid a wide demographic. Boije speculated that the temporary nature of certain relief measures, coupled with limitations on benefits, may be contributing to households' cautious assessment. Among respondents anticipating an impact, nearly 60% cited the prospect of lower taxes or fees as the primary driver for their belief. Furthermore, almost 20% of those expecting an effect pointed to anticipated changes within healthcare, education, and social care as their main rationale.