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. source: Swedbank

Manufacturing PMI in Sweden averaged 54.79 points from 1994 until 2022, 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 September of 2022.

Manufacturing PMI in Sweden is expected to be 54.00 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 52.90 points in 2023, according to our econometric models.

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Sweden Manufacturing PMI



Related Last Previous Unit Reference
Services PMI 59.40 58.10 points Aug 2022
Manufacturing PMI 50.60 52.50 points Aug 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
50.60 52.50 70.40 34.00 1994 - 2022 points Monthly
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News Stream
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
Swedish Manufacturing PMI Drops to 2-Year Low
The Swedbank Manufacturing PMI for Sweden declined to 53.1 in July of 2022 from a downwardly revised of 53.6 in the previous month. The latest figure pointed to the weakest growth in the sector since July 2020, as inflationary pressure, amid lingering supply chain disruptions, due to Ukraine's war. The largest negative contribution came from employment (50.6 vs 53.4), followed by delivery times (61.7 vs 63.8), and production (52.8 vs 54.6). Meantime, positive contribution came from new orders (53.1 vs 52.2). Meanwhile, the raw material and input supplier price index fell to 61.5 from 73.1 in June, a drop of just over 36.5 index points from the peak in October 2021. Looking ahead, the gauge for output expectations dropped marginally to 61.8 in July from 62.0 in June.
2022-08-01
Swedish Manufacturing PMI Drops to Near 2-Year Low
The Swedbank Manufacturing PMI for Sweden declined to 53.7 in June of 2022 from a downwardly revised of 55.2 in the previous month. The latest figure pointed to the weakest growth in the sector since July 2020, amid lingering supply chain disruptions, due to Ukraine's war. The largest negative contribution came from delivery times (63.9 vs 69.1), followed by employment (53.9 vs 56.7), new orders (52.1 vs 53.4). Meanwhile, both production (54.9 vs 53.7) and purchasing inventories (60.0 vs 62.7) contributed positively to the index. Looking ahead, the gauge for output expectations fell to 62.2 in June from 66.5 in May.
2022-07-01