The Services PMI in Sweden rose to 55.8 in August 2026 from a revised 54.3 in July and was above the average for the first eight months of the year (54.1). All sub-indices increased during the month, with business volume making the largest positive contribution to the rise in the services PMI, rising to 57.5 from 54.2 in July. This was followed by order intake (56.2 vs 55.8), employment (47.9 vs 46.2), and delivery times (60.9 vs 60.1). Cost pressures also eased further, as the index for raw and intermediate goods prices fell to 61.6, the lowest in six months, from 66.4 in July. “The service sector strengthened in August, with a clear increase in business volume. However, service companies are still holding off on hiring new employees, and perhaps we need a longer period of stronger service-sector activity before employment picks up,” said Jörgen Kennemar, responsible for the PMI analysis. Meanwhile, the Composite PMI increased to 55.9 in August from 54.7 in the previous month. source: Swedbank

Services PMI in Sweden increased to 55.80 points in August from 54.30 points in July 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 55.80 points in August from 54.30 points in July of 2026. Services PMI in Sweden is expected to be 54.00 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 487.00 580.00 Companies Aug 2026
Business Confidence 107.40 106.40 points Aug 2026
Industrial Inventories -4602.36 11673.79 SEK Million Jun 2026
Car Registrations 22584.00 18684.00 Units Aug 2026
Changes in Inventories -4861.00 25515.00 SEK Million Jun 2026
Corruption Index 80.00 80.00 Points Dec 2025
Corruption Rank 6.00 8.00 Dec 2025
Electricity Production 10604.64 10500.13 Gigawatt-hour Jul 2026
Industrial Production YoY 0.20 -0.50 percent Jul 2026
Industrial Production MoM -3.60 -0.70 percent Jul 2026
Manufacturing Production 0.60 0.00 percent Jul 2026
Mining Production -9.00 -14.30 percent Jul 2026
Natural Gas Stocks Capacity 0.08 0.08 TWh Sep 2026
Natural Gas Stocks Injection 0.00 0.00 GWh/d Sep 2026
Natural Gas Stocks Inventory 0.06 0.06 TWh Sep 2026
Natural Gas Stocks Withdrawal 0.00 0.00 GWh/d Sep 2026
New Orders YoY 76.60 140.40 points Jul 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 Sector Growth Picks Up in August
The Services PMI in Sweden rose to 55.8 in August 2026 from a revised 54.3 in July and was above the average for the first eight months of the year (54.1). All sub-indices increased during the month, with business volume making the largest positive contribution to the rise in the services PMI, rising to 57.5 from 54.2 in July. This was followed by order intake (56.2 vs 55.8), employment (47.9 vs 46.2), and delivery times (60.9 vs 60.1). Cost pressures also eased further, as the index for raw and intermediate goods prices fell to 61.6, the lowest in six months, from 66.4 in July. “The service sector strengthened in August, with a clear increase in business volume. However, service companies are still holding off on hiring new employees, and perhaps we need a longer period of stronger service-sector activity before employment picks up,” said Jörgen Kennemar, responsible for the PMI analysis. Meanwhile, the Composite PMI increased to 55.9 in August from 54.7 in the previous month.
2026-09-03
Sweden Services Sector Growth Loses Steam in July
The Services PMI in Sweden fell to 54.2 in July 2026 from a revised 56.5 in June, which had marked the highest level since November 2025. Despite the decline, the latest reading remained above the average for the first seven months of the year (53.7). All sub-indices weakened, with the delivery times sub-index making the largest negative contribution to the PMI, falling to 60.1 from 64.9 in June, followed by new orders (55.8 vs 57.6) and business volume (54.0 vs 55.2). The employment index declined to a new annual low of 45.9 from 47.7 in the previous month. Cost pressures continued to ease significantly, with the raw and intermediate goods price index dropping to 65.5 from 75.1 in June. Its 17-point decline over the past two months was the largest in the index's 21-year history. Meanwhile, the Composite PMI fell to 54.7 in July from a seven-month high of 56.9 in June.
2026-08-05
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