Sweden's Manufacturing PMI fell to a seasonally adjusted 51.5 in January 2019 from a revised 51.8 in December and in line with market consensus. The latest result was the lowest since February 2016 as the sub-index for orders was the biggest drag on the index (49.3 vs 52.6 in December). By contrast, increases were seen in production (53.2 vs 52.7), employment (55.2 vs 52.6), and suppliers' delivery times (52.9 vs 51.8). Looking ahead, the sub-index measuring output expectations dropped to 61.4 in January from 63.1 in the previous month. Manufacturing PMI in Sweden averaged 54.70 from 1994 until 2019, reaching an all time high of 70.40 in November of 1994 and a record low of 34 in December of 2008.

Manufacturing PMI in Sweden is expected to be 54.60 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 54.00 in 2020, according to our econometric models.

Sweden Manufacturing PMI
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Sweden Business Last Previous Highest Lowest Unit
Business Confidence 100.30 103.40 119.10 65.70 Index Points [+]
Manufacturing PMI 51.50 51.80 70.40 34.00 [+]
Services Pmi 54.10 55.80 67.20 34.50 Index Points [+]
Industrial Production 2.60 1.10 14.10 -23.80 percent [+]
Industrial Production Mom 1.80 -0.40 8.80 -7.90 percent [+]
Manufacturing Production 2.70 1.30 19.20 -23.80 percent [+]
Capacity Utilization 90.40 91.00 91.20 76.00 percent [+]
New Orders 111.40 111.30 133.80 73.00 Index Points [+]
Changes in Inventories 15748.00 10593.00 34961.00 -26723.00 SEK Million [+]
Bankruptcies 623.00 567.00 2148.00 276.00 Companies [+]
Car Registrations 21117.00 23414.00 67553.00 7205.00 [+]
Internet Speed 22543.09 22846.85 22846.85 4526.74 KBps [+]
IP Addresses 5500163.00 5448834.00 6962118.00 3403447.00 IP [+]
Mining Production -2.60 -1.00 104.90 -49.80 percent [+]
Steel Production 402.18 313.58 564.00 11.00 Thousand Tonnes [+]
Competitiveness Index 81.66 81.58 81.66 5.40 Points [+]
Competitiveness Rank 9.00 9.00 10.00 2.00 [+]
Business Inventories 3658.82 -4630.28 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 12.00 10.00 18.00 9.00 [+]
Electricity Production 15937.00 14135.00 16434.00 8753.00 Gigawatt-hour [+]
Corruption Index 85.00 84.00 95.00 84.00 Points [+]
Corruption Rank 3.00 6.00 6.00 1.00 [+]


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. This page provides - Sweden Manufacturing Pmi - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sweden Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
51.50 51.80 70.40 34.00 1994 - 2019 Monthly
SA




Country Last Previous
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 49.20 Feb/19
France 51.40 Feb/19
Germany 47.60 Feb/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 48.50 Feb/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 53.70 Feb/19


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