Sweden's Swedbank Manufacturing PMI increased to 52.4 in July 2019 from a downwardly revised 51.9 in the previous month, beating market expectations of 50.5. The latest reading pointed to the sharpest expansion in the manufacturing sector since May. The sub-index increased for employment (53.5 vs 51.4 in June), followed by inventories (50.0 vs 49.5), and suppliers' delivery times (49.0 vs 48.4). Meanwhile, the sub-index was unchanged for both production (at 54.2) and new orders (at 52.6). Looking ahead, the gauge measuring output expectations edged up to 61.1 in June from 61.0 in the previous month. Manufacturing PMI in Sweden averaged 54.65 from 1994 until 2019, reaching an all time high of 70.40 in November of 1994 and a record low of 34 in December of 2008.

Manufacturing PMI in Sweden is expected to be 51.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Sweden to stand at 53.60 in 12 months time. In the long-term, the Sweden Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

Sweden Manufacturing PMI
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Sweden Business Last Previous Highest Lowest Unit
Business Confidence 96.60 97.10 119.40 65.30 Index Points [+]
Manufacturing PMI 52.40 51.90 70.40 34.00 [+]
Services Pmi 54.10 52.50 67.20 34.50 Index Points [+]
Industrial Production 3.20 -1.10 14.10 -23.80 percent [+]
Industrial Production Mom 1.30 -1.00 8.80 -7.80 percent [+]
Manufacturing Production 3.10 -1.10 19.20 -23.70 percent [+]
Capacity Utilization 90.80 90.80 91.20 76.00 percent [+]
New Orders 91.00 118.10 133.80 73.00 Index Points [+]
Changes in Inventories 8870.00 27299.00 38556.00 -28628.00 SEK Million [+]
Bankruptcies 539.00 686.00 2148.00 276.00 Companies [+]
Car Registrations 30493.00 24951.00 67553.00 7205.00 [+]
Internet Speed 22543.09 22846.85 22846.85 4526.74 KBps [+]
IP Addresses 5500163.00 5448834.00 6962118.00 3403447.00 IP [+]
Mining Production 5.10 0.30 104.90 -49.80 percent [+]
Steel Production 351.50 361.79 564.00 11.00 Thousand Tonnes [+]
Competitiveness Index 81.66 81.58 81.66 5.40 Points [+]
Competitiveness Rank 9.00 9.00 10.00 2.00 [+]
Business Inventories 1762.96 11065.78 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 12.00 10.00 18.00 9.00 [+]
Electricity Production 12834.00 12753.00 16434.00 8753.00 Gigawatt-hour [+]
Corruption Index 85.00 84.00 95.00 84.00 Points [+]
Corruption Rank 3.00 6.00 6.00 1.00 [+]


Sweden Manufacturing PMI

In Sweden, the Swedbank Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 200 purchasing managers in the manufacturing industry. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Sweden Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.40 51.90 70.40 34.00 1994 - 2019 Monthly
SA




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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