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.

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Sweden Manufacturing PMI



Related Last Previous Unit Reference
Services PMI 56.90 55.10 points Oct 2022
Manufacturing PMI 46.80 48.90 points Oct 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
46.80 48.90 70.40 34.00 1994 - 2022 points Monthly
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News Stream
Swedish Manufacturing PMI Lowest Since May 2020
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)
2022-11-01
Swedish Manufacturing Shrinks for 1st Time in 27 Months
The Swedbank Manufacturing PMI for Sweden declined for the fourth month in row to 49.2 in September of 2022 from a downwardly revised of 50.2 in the previous month, pointing to the first contraction in the sector since June 2020. It was the lowest reading since June 2020, due to a decline in both new orders and production plans. The largest negative contribution came from new orders (43.4 vs 46.0), followed by delivery times (51.4 vs 55.0), and production (51.3 vs 51.9). Meantime, positive contribution came from employment (57.1 vs 55.4). On the other hand, the raw material and input prices rose 10 points to 71.7, the highest level since June after gradually falling since spring. Looking ahead, the gauge for output expectations dropped to a 26-month low of 57.6 in September from 60.5 in August.
2022-10-03
Swedish Manufacturing Grows the Least in Over 3 Years
The Swedbank Manufacturing PMI for Sweden decreased to 50.6 in August of 2022 from a downwardly revised of 52.5 in the previous month, pointing to the 26th straight month of expansion in the sector, but the weakest growth since April 2019. The figures also marked the fifth month in a row below its historical average (54.8), amid lingering supply chain disruptions. The largest negative contribution to the decline came from new orders (47.4 vs 52.3), followed by delivery times (55.8 vs 60.5), and production (51.9 vs 52.5). Meantime, positive contribution came from employment (54.8 vs 49.9). On the other hand, the raw material and input price index, which was unchanged in August at 61.6, has fallen by nearly 20 index points over the past three months and is now at levels not seen since 2020. Looking ahead, the gauge for output expectations declined marginally to 61.0 in August from 61.4 in July.
2022-09-01