The Services PMI in Sweden increased to 56.6 in June 2026 from an upwardly revised 54.2 in May. The reading was the highest since November 2025 and exceeded its historical average of 55.6 for only the second time this year. The business volume sub-index made the largest contribution to the increase in the PMI, rising back to 55.3 from 49.1 in May, followed by the new orders index, which climbed to 57.5 from 54.3. However, the employment sub-index edged down to 48.0 from 48.8, remaining below the 50 threshold for the ninth consecutive month, suggesting that companies continue to hold off on hiring. Cost pressures in the services sector also eased in June, with the raw and intermediate goods price index falling to 76.3 from 81.8 in May, though it remained well above its historical average of 58.3. Meanwhile, the Composite PMI rose to 57.1 in June from 55.1 in May, marking the highest level in seven months. source: Swedbank

Services PMI in Sweden increased to 56.60 points in June from 54.20 points in May of 2026. Services PMI in Sweden averaged 55.55 points from 2005 until 2026, reaching an all time high of 71.40 points in September of 2021 and a record low of 34.50 points in January of 2009. This page provides the latest reported value for - Sweden Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Services PMI in Sweden increased to 56.60 points in June from 54.20 points in May of 2026. Services PMI in Sweden is expected to be 51.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Services PMI is projected to trend around 53.60 points in 2027 and 53.40 points in 2028, according to our econometric models.



Related Last Previous Unit Reference
Bankruptcies 983.00 921.00 Companies Jun 2026
Business Confidence 103.60 103.60 points Jun 2026
Industrial Inventories 11670.44 -5015.86 SEK Million Mar 2026
Car Registrations 29759.00 25985.00 Units Jun 2026
Changes in Inventories 31592.00 -32098.00 SEK Million Mar 2026
Corruption Index 80.00 80.00 Points Dec 2025
Corruption Rank 6.00 8.00 Dec 2025
Electricity Production 12018.77 13727.86 Gigawatt-hour May 2026
Industrial Production YoY 6.90 6.90 percent May 2026
Industrial Production MoM 0.20 4.20 percent May 2026
Manufacturing Production 7.00 7.00 percent May 2026
Mining Production 9.10 1.60 percent May 2026
Natural Gas Stocks Capacity 0.08 0.08 TWh Jul 2026
Natural Gas Stocks Injection 0.00 0.00 GWh/d Jul 2026
Natural Gas Stocks Inventory 0.01 0.01 TWh Jul 2026
Natural Gas Stocks Withdrawal 0.00 0.00 GWh/d Jul 2026
New Orders YoY 100.30 104.30 points May 2026


Sweden Services PMI
In Sweden, the Swedbank’s Services PMI measures the performance of the service sector and is derived from a survey of 200 companies. The index tracks variables such as New Orders (35 percent of total weight), Business Volume (25 percent), Employment (20 percent) and Suppliers’ Delivery Times (20 percent). A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining.

News Stream
Sweden Services Activity Growth Hits 7-Month High
The Services PMI in Sweden increased to 56.6 in June 2026 from an upwardly revised 54.2 in May. The reading was the highest since November 2025 and exceeded its historical average of 55.6 for only the second time this year. The business volume sub-index made the largest contribution to the increase in the PMI, rising back to 55.3 from 49.1 in May, followed by the new orders index, which climbed to 57.5 from 54.3. However, the employment sub-index edged down to 48.0 from 48.8, remaining below the 50 threshold for the ninth consecutive month, suggesting that companies continue to hold off on hiring. Cost pressures in the services sector also eased in June, with the raw and intermediate goods price index falling to 76.3 from 81.8 in May, though it remained well above its historical average of 58.3. Meanwhile, the Composite PMI rose to 57.1 in June from 55.1 in May, marking the highest level in seven months.
2026-07-03
Sweden Services Sector Growth Picks Up in May
The Services PMI in Sweden rose to 53.9 in May 2026 from 52.6 in April, but remained below its historical average of 55.6 for a second month. The new orders sub-index contributed the most to the improvement, rising to 53.6 from 50.6 in April. The delivery times index rose for the fourth straight month to its highest level in four years (65.7 vs 63.1), while the employment index also increased (49.1 vs 47.5) but remained in negative territory. Meanwhile, the business volume index declined (48.8 vs 51.2). Cost pressures also intensified, with the raw and intermediate goods price index climbing to 80.1 from 73.4, its highest level since 2022 and well above the historical average of 58.2. Swedbank PMI analyst Jörgen Kennemar noted that the recovery in the sector is slow and fragile, adding that despite the index being in the growth zone, activity levels may still be too weak to support meaningful job creation.
2026-06-03
Sweden Services Sector Growth Slows
The Services PMI in Sweden fell to 52.5 in April 2026, back below its historical average of 55.6 and following an upwardly revised 55.9 in March, which marked the highest level since December 2025. The largest negative contribution came from new orders, with the sub-index dropping to 50.6 from 58.1. The business volume index (51.6 vs 54.8 in March) also declined, while the employment index remained in negative territory (47.3 vs 49.2). The delivery times index increased (62.2 vs 60.2), reaching a four-year high and reflecting growing supply chain disruptions. Moreover, the index for raw and intermediate goods prices rose to an over three-year high of 72.1 (vs 68.7), well above its historical average of 58.1. “The recovery in the services sector is losing momentum. An uncertain global situation and rising costs due to developments in the Middle East mean increased challenges for the services sector and the Swedish labor market,” said Jörgen Kennemar, Swedbank’s PMI analyst.
2026-05-06