Sweden's Swedbank Manufacturing PMI edged up to a four-month high of 52.8 in March 2019 from an upwardly revised 52.7 in February. The sub-index for employment was the biggest contributor to the increase (53.0 vs 52.4), followed by suppliers' delivery times (50.5 vs 50.4). By contrast, decreases were seen in the sub-indexes for: orders (53.3 vs 54.0); production (54.7 vs 54.9); and stocks (50.1 vs 52.9). Looking ahead, the sub-index measuring output expectations increased to 62.9 in March from 53.8 in the previous month. Manufacturing PMI in Sweden averaged 54.69 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 53.40 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 101.10 98.60 119.20 65.60 Index Points [+]
Manufacturing PMI 52.80 52.70 70.40 34.00 [+]
Services Pmi 55.30 55.80 67.20 34.50 Index Points [+]
Industrial Production 2.30 1.00 14.10 -23.90 percent [+]
Industrial Production Mom 0.40 -0.20 8.70 -7.80 percent [+]
Manufacturing Production 2.60 1.20 19.20 -23.80 percent [+]
Capacity Utilization 90.40 91.00 91.20 76.00 percent [+]
New Orders 98.40 101.80 133.80 73.00 Index Points [+]
Changes in Inventories -2909.00 15383.00 34961.00 -26723.00 SEK Million [+]
Bankruptcies 634.00 576.00 2148.00 276.00 Companies [+]
Car Registrations 31079.00 23789.00 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 -6.10 -7.00 104.90 -49.80 percent [+]
Steel Production 409.91 448.37 564.00 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 3658.82 -4630.28 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 12.00 10.00 18.00 9.00 [+]
Electricity Production 14742.00 16379.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.80 52.70 70.40 34.00 1994 - 2019 Monthly
SA




Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


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