The Swedbank Manufacturing PMI increased to 64.9 in December of 2020 from an upwardly revised 59.8 in November, pointing to the strongest growth since May of 2010, probably driven by growing world trade and increased optimism due to the beginning of coronavirus vaccination. All sub-indices contributed to the rise: suppliers' delivery times and employment contributed a total of 2.7 index units, followed by production (1.0 index units) and order intake (0.9 index units). source: Swedbank
Manufacturing PMI in Sweden averaged 54.42 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 January of 2021.
Manufacturing PMI in Sweden is expected to be 50.00 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 54.00 in 12 months time. In the long-term, the Sweden Manufacturing PMI is projected to trend around 52.00 points in 2022, according to our econometric models.