Swedish Manufacturing PMI fell to a seasonally adjusted over 2-year low of 52.0 in December of 2018 from a downwardly revised 55.4 in November. The biggest contribution to the decrease in PMI came from the sub-index measuring production (53.0 vs 59.6 in November), followed by order intake (53.3 vs 55.7), and employment (52.1 vs 53.8). Also, the measuring suppliers' delivery times declined (51.4 vs 57.1) and stocks went down (54.0 vs 55.3). Looking ahead, the sub-index measuring output expectations dropped to 63.4 in December from 66.7 in the previous month. Manufacturing PMI in Sweden averaged 54.72 from 1994 until 2018, 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 54.60 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 54.00 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 104.10 104.60 119.10 65.80 Index Points [+]
Manufacturing PMI 52.00 55.40 70.40 34.00 [+]
Services Pmi 56.40 61.10 67.50 34.30 Index Points [+]
Industrial Production 3.40 4.90 14.10 -23.80 percent [+]
Industrial Production Mom -0.40 2.70 8.80 -7.90 percent [+]
Manufacturing Production 3.60 5.20 19.20 -23.70 percent [+]
Capacity Utilization 91.00 90.80 91.20 76.00 percent [+]
New Orders 111.60 116.30 133.80 73.00 Index Points [+]
Changes in Inventories 15748.00 10593.00 34961.00 -26723.00 SEK Million [+]
Bankruptcies 567.00 749.00 2148.00 276.00 Companies [+]
Car Registrations 23414.00 26357.00 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 -0.90 -5.00 104.90 -49.80 percent [+]
Steel Production 313.58 375.15 564.00 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 -4897.26 2918.39 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 12.00 10.00 18.00 9.00 [+]
Electricity Production 12930.00 10769.00 16434.00 8753.00 Gigawatt-hour [+]
Corruption Index 84.00 88.00 95.00 84.00 Points [+]
Corruption Rank 6.00 4.00 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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.00 55.40 70.40 34.00 1994 - 2018 Monthly
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Country Last Previous
Australia 49.50 Dec/18
Brazil 52.60 Dec/18
Canada 53.60 Dec/18
China 49.70 Dec/18
Euro Area 51.40 Dec/18
France 49.70 Dec/18
Germany 51.50 Dec/18
India 53.20 Dec/18
Indonesia 51.20 Dec/18
Italy 49.20 Dec/18
Japan 52.60 Dec/18
Mexico 49.70 Dec/18
Netherlands 57.20 Dec/18
Russia 51.70 Dec/18
Saudi Arabia 54.50 Dec/18
Singapore 51.10 Dec/18
South Africa 50.70 Dec/18
South Korea 49.80 Dec/18
Spain 51.10 Dec/18
Switzerland 57.80 Dec/18
Turkey 44.20 Dec/18
United Kingdom 54.20 Dec/18
United States 53.80 Dec/18


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