External broker reports, Nordea

Nordea

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External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The headline ESI stood at104.7in July,upfrom102.1 in June and above normal for the third consecutive month.</li><li>The ESI is well in line with our GDP forecast. In the business sector, all sectors contributed to the increase except private services, which remained unchanged. Trade(retailers and wholesalers)rose to112.9, the highest level since March 2022.</li><li>The manufacturing industry also increased strongly for the second month in a row, reaching a healthy 107.9. Trade and manufacturing were the main drivers of the upturn in the business sector.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The headline ESI stood at104.7in July,upfrom102.1 in June and above normal for the third consecutive month.The ESI is well in line with our GDP forecast. In the business sector, all sectors contributed to the increase except private services, which remained unchanged. Trade(retailers and wholesalers)rose to112.9, the highest level since March 2022.The manufacturing industry also increased strongly for the second month in a row, reaching a healthy 107.9. Trade and manufacturing were the main drivers of the upturn in the business sector.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Swedish July Tendency Survey: Rising optimism