Sweden Services PMI  2006-2017 | Data | Chart | Calendar | Forecast | News

The Swedish service sector PMI decreased to a seven-month low of 57.9 in May 2017 from 60.3 in the previous month. Growth slowed in new orders (56.4 from 61.7 in April), employment (54.8 from 56.9) and business volume (59.8 from 62.4) while suppliers' delivery times went up at a faster pace (61.1 from 58.8). Meanwhile, optimism about the one-year outlook for output rose in May from a nine-month low in the previous month. Services Pmi in Sweden averaged 55.42 Index Points from 2006 until 2017, 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 110.30 108.30 118.90 66.60 [+]
Manufacturing PMI 58.80 62.50 71.40 32.70 [+]
Services Pmi 57.90 60.30 67.50 34.30 Index Points [+]
Industrial Production 0.80 3.60 14.20 -23.80 percent [+]
Industrial Production Mom -2.40 0.00 8.50 -7.80 percent [+]
Manufacturing Production 0.40 3.50 19.20 -23.70 percent [+]
Capacity Utilization 90.00 89.60 91.20 76.00 percent [+]
New Orders 100.90 105.10 122.20 85.70 Index Points [+]
Changes in Inventories 20781.00 -12184.00 34103.00 -26068.00 SEK Million [+]
Bankruptcies 737.00 579.00 2148.00 276.00 Companies [+]
Car Registrations 37151.00 31841.00 39476.00 7205.00 Cars [+]
Competitiveness Index 5.53 5.43 5.61 5.40 Points [+]
Competitiveness Rank 6.00 9.00 10.00 2.00 [+]
Corruption Index 88.00 89.00 95.00 87.00 Points [+]
Corruption Rank 4.00 3.00 6.00 1.00 [+]
Ease of Doing Business 9.00 9.00 18.00 9.00 [+]
Electricity Production 13698.00 15267.00 16434.00 8753.00 Gigawatt-hour [+]
Steel Production 374.61 424.56 564.00 11.00 Thousand Tonnes [+]
Mining Production 10.20 10.00 104.70 -49.80 percent [+]


Sweden Services PMI Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
57.90 60.30 67.50 34.30 2006 - 2017 Index Points Monthly
SA



services pmi by Country

Last
Australia 51.50 May/17
Brazil 49.20 May/17
China 52.80 May/17
Euro Area 54.70 Jun/17
France 55.30 Jun/17
Germany 53.70 Jun/17
India 52.20 May/17
Italy 55.10 May/17
Japan 53.00 May/17
Russia 56.30 May/17
Spain 57.30 May/17
United Kingdom 53.80 May/17
United States 53.00 Jun/17