Sweden's Swedbank Manufacturing PMI increased to 55.3 in September 2020 from an upwardly revised 53.8 in the previous month. The latest reading pointed to the third straight month of expansion in the manufacturing sector and the strongest since November 2018, as the economy continues to recover from the coronavirus shock. There were increases in the sub-indexes measuring production (60.1 vs 56.3 in August), new orders (59.2 vs 56.6) and suppliers' delivery times (55.4 vs 54.7). Meanwhile, employment continued to contract (45.4 vs 47.8) and inventories fell for the second straight month (48.5 vs 49.8). Looking ahead, the gauge for output expectations declined to 59.1 in September from 60.4 in August.

Manufacturing PMI in Sweden averaged 54.35 points from 1994 until 2020, 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 October of 2020. source: Swedbank

Manufacturing PMI in Sweden is expected to be 47.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Sweden to stand at 53.70 in 12 months time. In the long-term, the Sweden Manufacturing PMI is projected to trend around 54.00 points in 2021 and 52.00 points in 2022, according to our econometric models.

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Sweden Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
55.30 53.80 70.40 34.00 1994 - 2020 points Monthly
SA


News Stream
Swedish Manufacturing PMI Highest in Nearly 2 Years
Sweden's Swedbank Manufacturing PMI increased to 55.3 in September 2020 from an upwardly revised 53.8 in the previous month. The latest reading pointed to the third straight month of expansion in the manufacturing sector and the strongest since November 2018, as the economy continues to recover from the coronavirus shock. There were increases in the sub-indexes measuring production (60.1 vs 56.3 in August), new orders (59.2 vs 56.6) and suppliers' delivery times (55.4 vs 54.7). Meanwhile, employment continued to contract (45.4 vs 47.8) and inventories fell for the second straight month (48.5 vs 49.8). Looking ahead, the gauge for output expectations declined to 59.1 in September from 60.4 in August.
2020-10-01
Swedish Manufacturing PMI Highest in Near 2 Years
Sweden's Swedbank Manufacturing PMI increased to 53.4 in August 2020 from an upwardly revised 51.4 in the previous month. The latest reading pointed to the second straight month of expansion in the manufacturing sector and the strongest since November 2018, as the economy continues to recover from the coronavirus shock. There were increases in the sub-indexes measuring production (55.6 vs 55.0 in July), new orders (56.0 vs 52.2) and suppliers' delivery times (54.2 vs 52.1). Meanwhile, employment continued to contract (47.6 vs 45.9) and inventories fell for the first time in five months (49.9 vs 50.8). Looking ahead, the gauge for output expectations increased to 62.1 in August from 52.4 in July.
2020-09-01
Sweden Manufacturing Sector Returns to Growth
Sweden's Swedbank Manufacturing PMI rose to 51.0 in July 2020 from an upwardly revised 47.6 in the previous month, pointing the first expansion in the manufacturing sector since February, as parts of the economy reopened after some containment measures were relaxed. The increases were recorded for the sub-indexes measuring production (55.5 vs 51.0 in June), new orders (51.6 vs 47.6), the rate of job shedding (44.9 vs 41.1), suppliers' delivery times (51.7 vs 50.2). Meanwhile, decreases were seen in the sub-indexes for inventories (50.9 vs 51.5). Looking ahead, the gauge for output expectations was stable in 49.8.
2020-08-03
Swedish Manufacturing Shrinks the Least in 4 Months
Sweden's Swedbank Manufacturing PMI rose to 47.3 in June 2020, the highest since February, from an upwardly revised 40 in the previous month, suggesting the sector contracted at a softer pace as several countries started to ease the restrictions imposed to contain the coronavirus pandemic. The biggest increases were recorded for the sub-indexes measuring production (51.6 vs 39.2 in May), new orders (46.2 vs 29.6), while the rate of job shedding was virtually unchanged (41.1 vs 40.9). Meantime, decreases were seen in the sub-indexes for suppliers' delivery times (50.4 vs 57.2) and inventories (51.8 vs 54.1). Looking ahead, the gauge for output expectations surged to 49.9 in June from 39.5 in the previous month.
2020-07-01

Sweden Manufacturing PMI
In Sweden, the Swedbank Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 200 purchasing managers in the manufacturing industry. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.