The Swedbank Manufacturing PMI for Sweden increased to 69.1 in April 2021 from an upwardly revised 64.7 in the previous month. This was the tenth straight month of expansion in factory activity and the second-highest level in PMI seen in 26 years of data collection. " Since the bottom level in April last year, the PMI total has increased by 32.7 index units, which is a much faster rise compared to the recovery after the global financial crisis of 2008/09 ", said Jörgen Kennemar, who is responsible for PMI analysis at Swedbank. There were increases in the indexes measuring new orders (7.6 points to 72.3), the index of production (5.2 points to 68.2), the index for delivery times jumped to a new record high (3.2 points to 87.2), and employment (1.8 points to 60.9).Looking ahead, the gauge for output expectations increased to 75.3 in April from 70.8 in March. source: Swedbank
Manufacturing PMI in Sweden averaged 54.55 points from 1994 until 2021, 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 May of 2021.
Manufacturing PMI in Sweden is expected to be 52.00 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.