The Swedbank Manufacturing PMI for Sweden decreased to 46.8 in October of 2022 from a downwardly revised of 48.9 in the previous month, pointing to the biggest contraction in factory activity since May 2020. A negative contribution came mainly from production (46.8 vs 50.6) and new orders (43.3 vs 43.4). The index for production plans posted a small increase to 57.7 from 57.6. Also, the index for raw and input prices fell to 69.0 from 71.2, which is far higher than the index's historical average (58.4) source: Swedbank
Manufacturing PMI in Sweden averaged 54.74 points from 1994 until 2022, reaching an all time high of 70.40 points in November of 1994 and a record low of 34.00 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 November of 2022.
Manufacturing PMI in Sweden is expected to be 45.40 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 52.00 points in 2023 and 54.00 points in 2024, according to our econometric models.