The Services PMI in Sweden fell to a seasonally adjusted 56.3 in October 2018 from 56.6 in the previous month. It was the lowest reading since August 2017, as the business volumes sub-index dropped 1.2 points to 57.6 and suppliers' delivery time declined 1.0 points to 53.5. Contrarily, new orders edged up to 55.1 (from 55.0 in September) and employment increased 1.1 points to 59.6 in October. Looking ahead, the index measuring planned business volume went down 3.6 points to 67.4. Services Pmi in Sweden averaged 55.85 Index Points from 2006 until 2018, reaching an all time high of 67.50 Index Points in December of 2006 and a record low of 34.30 Index Points in January of 2009.

Sweden Services PMI
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Sweden Business Last Previous Highest Lowest Unit
Business Confidence 106.30 109.70 119.00 65.90 Index Points [+]
Manufacturing PMI 55.00 55.20 71.40 32.70 [+]
Services Pmi 56.30 56.60 67.50 34.30 Index Points [+]
Industrial Production 1.70 2.80 14.10 -23.80 percent [+]
Industrial Production Mom 0.20 0.50 8.70 -7.80 percent [+]
Manufacturing Production 1.80 2.80 19.20 -23.80 percent [+]
Capacity Utilization 91.00 90.80 91.20 76.00 percent [+]
New Orders 113.20 96.00 133.80 72.90 Index Points [+]
Changes in Inventories 10173.00 19297.00 34959.00 -26721.00 SEK Million [+]
Bankruptcies 547.00 524.00 2148.00 276.00 Companies [+]
Car Registrations 24128.00 19886.00 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 2.30 1.00 104.90 -49.80 percent [+]
Steel Production 260.28 323.68 564.00 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 -4897.26 2918.39 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 12.00 10.00 18.00 9.00 [+]
Electricity Production 9899.00 9949.00 16434.00 8753.00 Gigawatt-hour [+]
Corruption Index 84.00 88.00 95.00 84.00 Points [+]
Corruption Rank 6.00 4.00 6.00 1.00 [+]


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. 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. Sweden Services PMI - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
56.30 56.60 67.50 34.30 2006 - 2018 Index Points Monthly
SA




Country Last
Australia 51.10 Oct/18
Brazil 50.50 Oct/18
China 50.80 Oct/18
Euro Area 53.70 Oct/18
France 55.30 Oct/18
Germany 54.70 Oct/18
India 52.20 Oct/18
Italy 49.20 Oct/18
Japan 52.40 Oct/18
Russia 56.90 Oct/18
Spain 54.00 Oct/18
United Kingdom 52.20 Oct/18
United States 54.80 Oct/18


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