The Swedbank Manufacturing PMI for Sweden increased to 64.6 in September of 2021 from 60.1 in the previous month. The largest increases contributions came from order intake, followed by production and employment. Suppliers' delivery times increased and reached a new record level to 88.3 in September from 82.5. Meanwhile, the index for planned production remained at high levels (73.9). "The downward trend in PMI total indicates that the expansion in PMI the industry has lost momentum in recent months at the same time as supply shortages and delivery disruptions have become an increasing challenge for the industry," said Jörgen Kennemar, who is responsible for PMI analysis at Swedbank. source: Swedbank
Manufacturing PMI in Sweden averaged 54.70 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 October of 2021.
Manufacturing PMI in Sweden is expected to be 59.10 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Manufacturing PMI is projected to trend around 54.10 points in 2022 and 52.90 points in 2023, according to our econometric models.