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. source: Swedbank

Services PMI in Sweden decreased to 54.20 points in July from 56.50 points in June of 2026. Services PMI in Sweden averaged 55.54 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 decreased to 54.20 points in July from 56.50 points in June of 2026. Services PMI in Sweden is expected to be 52.00 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 983.00 921.00 Companies Jun 2026
Business Confidence 106.30 104.10 points Jul 2026
Industrial Inventories 11670.44 -5015.86 SEK Million Mar 2026
Car Registrations 18684.00 29759.00 Units Jul 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 Aug 2026
Natural Gas Stocks Injection 0.00 0.00 GWh/d Aug 2026
Natural Gas Stocks Inventory 0.03 0.03 TWh Aug 2026
Natural Gas Stocks Withdrawal 0.00 0.00 GWh/d Aug 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 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
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