Sweden Factory Growth Hits 3-Month High

2026-10-01 06:36 By Joshua Ferrer 1 min. read

Sweden’s Swedbank Manufacturing PMI rose to 58.1 in September 2026 from a revised 56.3 in August, reaching its highest level in three months and remaining above its long-term average of 54.3 for the 15th consecutive month.

The improvement was driven by stronger order intake (59.5 vs 55.1 in August) and production (60.0 vs 59.0), while order backlogs increased to 60.4 from 57.7, the highest since January.

Domestic orders rose to 58.6 from 55.1, while export orders increased to 53.3 from 51.8.

Production plans jumped to 73.2 from 67.8, while employment eased to 56.3 from 57.5.

Suppliers’ delivery times lengthened to 62.7 from 60.4, while material inventories fell to 53.9 from 55.2.

On the price front, raw material and input prices climbed to 77.6 from 75.7, the highest since June, pointing to renewed cost pressures.

Swedbank PMI analyst Jörgen Kennemar said rising costs are a headwind for industry and could pressure margins or push higher input costs onto producers and consumers.



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Sweden Factory Growth Hits 3-Month High
Sweden’s Swedbank Manufacturing PMI rose to 58.1 in September 2026 from a revised 56.3 in August, reaching its highest level in three months and remaining above its long-term average of 54.3 for the 15th consecutive month. The improvement was driven by stronger order intake (59.5 vs 55.1 in August) and production (60.0 vs 59.0), while order backlogs increased to 60.4 from 57.7, the highest since January. Domestic orders rose to 58.6 from 55.1, while export orders increased to 53.3 from 51.8. Production plans jumped to 73.2 from 67.8, while employment eased to 56.3 from 57.5. Suppliers’ delivery times lengthened to 62.7 from 60.4, while material inventories fell to 53.9 from 55.2. On the price front, raw material and input prices climbed to 77.6 from 75.7, the highest since June, pointing to renewed cost pressures. Swedbank PMI analyst Jörgen Kennemar said rising costs are a headwind for industry and could pressure margins or push higher input costs onto producers and consumers.
2026-10-01
Sweden Manufacturing Growth Rises in August
Sweden’s Swedbank Manufacturing PMI rose to 56.1 in August 2026 from a revised 55.7 in July, remaining above its long-term average of 54.3 and signaling continued expansion. The improvement was supported by stronger production (58.9 vs 57.2 in July) and employment (57.6 vs 56.0), while order intake eased to 54.6 from 56.7. Suppliers’ delivery times shortened to 59.8 from 60.1, while inventories declined to 55.5 from 58.1. Export orders fell to 51.7 from 54.1, while domestic orders edged up to 54.7 from 54.2. On the price front, the index for suppliers’ raw material and input prices jumped to 75.4 from 67.1, pointing to renewed cost pressures. Meanwhile, the production plans index increased to 66.9 from 65.8, although it remained below the 70 threshold, indicating cautious optimism.
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Sweden Manufacturing Growth Eases to 7-Month Low
Sweden’s Swedbank Manufacturing PMI fell to 55.8 in July 2026 from a downwardly revised 58 in the previous month, marking the lowest level since December 2025 but remaining above its long term average of 54.3. The slowdown was mainly due to weaker order intake (57.5 vs 58.8 in June), production (56.9 vs 59.4), and employment (55.9 vs 57.3). Moreover, suppliers’ delivery times shortened to 60 from 62.7, while inventories increased to 58.2 from 53.6. Export and domestic orders also declined to 54.5 and 54.6, respectively. On the price front, the index measuring suppliers’ raw material and input prices declined sharply to 67.3 from 80.4 a month ago. Manufacturers also became less optimistic, with the production plan index dropping to 65.7 from 68.3, below the 70 threshold, amid concerns that renewed Middle East tensions could reignite cost pressures despite easing input prices.
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