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STATISTICS

More than one in ten foreigners in Sweden don’t have a close friend

Hundreds of thousands of people in Sweden don't have a close friend, a new survey by national number crunchers Statistics Sweden shows.

More than one in ten foreigners in Sweden don't have a close friend
More than twice as many foreigners as Swedes lack close friendship. Photo: Jessica Gow/Scanpix

“It’s statistically proven that between 610,000 and 720,000 people aged 16 and above don’t have a close friend. That corresponds to seven to eight percent of the population at that age,” said Statistics Sweden analyst Thomas Helgeson in a statement.

It’s more than twice as common for foreign-born people not to have a close friend.

Around 13 percent of Sweden’s foreign-born population don’t have a close friend, compared to six percent of native-born Swedes (the figure is roughly the same for the entire group of people born in Sweden, regardless of whether they have foreign or Swedish parents).

There’s a gap between the sexes too. Nine percent of men and six percent of women don’t have a close friend.

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There’s a similar gender gap among foreign-born residents in Sweden, of whom more than 15 percent of men said they don’t have a close friend, compared to almost 11 percent of women.

And finally, the more highly educated people are, the greater the chance of close friendship.

More than 12 percent of people without a Swedish high school diploma said they lacked a close friend, compared to just over five percent of those with a university degree of at least three years.

Have you managed to find friendship in Sweden? We’d like to hear about your experiences. Please fill out the survey below – we may use your answers in a future article on The Local. If the survey doesn’t appear for you, click this link.

 

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ECONOMY

Swedish inflation drops below 4 percent for first time in two years

Sweden's consumer price index fell to 3.9 percent in February, reinforcing predictions that the central bank will keep lowering interest rates this year.

Swedish inflation drops below 4 percent for first time in two years

The yearly inflation rate according to the consumer price index (CPI) was down from 4.1 percent in January, according to number crunchers Statistics Sweden.

Experts had predicted an inflation rate of 4.0 percent, according to Bloomberg.

“The effect of increasing interest rates for household’s mortgages is easing, which can explain the decreasing inflation rate in April,” Statistics Sweden analyst Carl Mårtensson said in a statement.

Inflation measured instead according to the CPIF metric – the consumer price index with interest rate fluctuations taken out of the equation – meanwhile rose slightly from 2.2 to 2.3 percent.

However, that still beats expectations, which had predicted CPIF inflation of 2.4 percent.

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That puts it slightly above the Riksbank’s inflation target of two percent, and experts predicted that Wednesday’s inflation news strengthened the likelihood that the bank will cut interest rates further.

The Riksbank last week slashed Sweden’s so-called policy rate for the first time in eight years.

The policy rate is the central bank’s main monetary policy tool. It decides which rates Swedish banks can deposit in and borrow money from the Riksbank, which in turn affects the banks’ own interest rates on savings, loans and mortgages.

If bank interest rates are high, it’s expensive to borrow money, which means people spend less and as a result inflation drops.

But now that inflation appears to be holding relatively steady around the two percent target, it means that the bank might be able to start lowering the policy rate yet again.

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