The Swedbank Manufacturing PMI for Sweden declined to 53.7 in June of 2022 from a downwardly revised of 55.2 in the previous month. The latest figure pointed to the weakest growth in the sector since July 2020, amid lingering supply chain disruptions, due to Ukraine's war. The largest negative contribution came from delivery times (63.9 vs 69.1), followed by employment (53.9 vs 56.7), new orders (52.1 vs 53.4). Meanwhile, both production (54.9 vs 53.7) and purchasing inventories (60.0 vs 62.7) contributed positively to the index. Looking ahead, the gauge for output expectations fell to 62.2 in June from 66.5 in May. source: Swedbank
Manufacturing PMI in Sweden averaged 54.80 points from 1994 until 2022, reaching an all time high of 70.40 points in November of 1994 and a record low of 34 points in December of 2008. This page provides - Sweden Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Manufacturing PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Manufacturing 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 Manufacturing PMI is projected to trend around 52.90 points in 2023, according to our econometric models.