Sweden manufacturing PMISweden manufacturing PMISweden manufacturing PMI

Sweden manufacturing PMI

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Key data points

Last release
Observation period
Apr 2024
Next release
Forecast
51.50POINT
Highest
70.50POINT on Nov 30, 1994
Lowest
34.00POINT on Dec 31, 2008

About Sweden manufacturing PMI

Category
Business
Source
Frequency
Monthly
Units
POINT
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.