The Swedbank Manufacturing PMI for Sweden increased to 63.7 in March 2021 from an upwardly revised 61.8 in the previous month. This was the ninth straight month of expansion in factory activity and the most expansion since last December. " The Swedish manufacturing industry continues to show a high level of activity despite major disruptions in global trade flows and shortcomings on several inputs but which can get sour afterwards", said Jörgen Kennemar, who is responsible for PMI analysis at Swedbank. There were increases in the indexes measuring new orders (4.8 points to 62.9), employment (1.4 points to 58.9) and the index for delivery times jumped to a new record high (1.8 points to 83.2). Meanwhile, the index of production edged down (-0.1 points to 62.1). Looking ahead, the gauge for output expectations declined to 70.1 in March, from 71.5 in February. source: Swedbank
Manufacturing PMI in Sweden averaged 54.50 points from 1994 until 2021, reaching an all time high of 70.40 points in November of 1994 and a record low of 34 points in December of 2008. This page provides - Sweden Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Manufacturing PMI in Sweden is expected to be 52.00 points 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 52.00 points in 2022, according to our econometric models.