The Swedbank Manufacturing PMI for Sweden fell to 52.4 in December 2024, down from 53.7 in November, although it marked the fifth consecutive month in expansion territory. The decline was primarily driven by weaker order intake (50.2 vs. 54.7) and production (52.5 vs. 55.6). However, employment rose to a five-month high (53.5 vs. 51.7) and delivery performance improved (54.2 vs. 51.8), reflecting increased demand pressures. Moreover, industrial companies remained optimistic, with production plans for the next six months reaching a yearly high of 64.4, up from 62.3 in November. On the price front, the raw and input prices index rose to 56.0, the highest in five months, driven by global raw material price increases and a weakened krona. source: Swedbank

Manufacturing PMI in Sweden decreased to 52.40 points in December from 53.80 points in November of 2024. Manufacturing PMI in Sweden averaged 54.29 points from 1994 until 2024, reaching an all time high of 70.50 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.

Manufacturing PMI in Sweden decreased to 52.40 points in December from 53.80 points in November of 2024. 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. In the long-term, the Sweden Manufacturing PMI is projected to trend around 54.00 points in 2026, according to our econometric models.




Related Last Previous Unit Reference
Bankruptcies 998.00 869.00 Companies Nov 2024
Business Confidence 100.60 98.60 points Dec 2024
Industrial Inventories 1823.64 -2166.05 SEK Million Sep 2024
Capacity Utilization 87.50 88.40 percent Sep 2024
Car Registrations 24844.00 25026.00 Units Nov 2024
Changes in Inventories 14514.00 -7544.00 SEK Million Sep 2024
Corruption Index 82.00 83.00 Points Dec 2023
Corruption Rank 6.00 5.00 Dec 2023
Electricity Production 0.00 0.00 Gigawatt-hour Dec 2024
Industrial Production YoY 2.60 -2.00 percent Nov 2024
Industrial Production MoM 2.40 -0.90 percent Nov 2024
Manufacturing Production -1.60 -0.40 percent Oct 2024
Mining Production -11.40 -6.20 percent Oct 2024
Natural Gas Stocks Capacity 0.10 0.10 TWh Jan 2025
Natural Gas Stocks Injection 0.00 0.00 GWh/d Jan 2025
Natural Gas Stocks Inventory 0.09 0.09 TWh Jan 2025
Natural Gas Stocks Withdrawal 0.00 0.00 GWh/d Jan 2025
New Orders YoY 100.50 97.80 points Nov 2024

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.


News Stream
Swedish Manufacturing Sector Growth Eases
The Swedbank Manufacturing PMI for Sweden fell to 52.4 in December 2024, down from 53.7 in November, although it marked the fifth consecutive month in expansion territory. The decline was primarily driven by weaker order intake (50.2 vs. 54.7) and production (52.5 vs. 55.6). However, employment rose to a five-month high (53.5 vs. 51.7) and delivery performance improved (54.2 vs. 51.8), reflecting increased demand pressures. Moreover, industrial companies remained optimistic, with production plans for the next six months reaching a yearly high of 64.4, up from 62.3 in November. On the price front, the raw and input prices index rose to 56.0, the highest in five months, driven by global raw material price increases and a weakened krona.
2025-01-02
Swedish Manufacturing Sector Continues to Grow
The Swedbank Manufacturing PMI for Sweden inched up to 53.8 in November 2024 from a marginally revised 53.2 in the previous month. This marked the fourth consecutive month that the index has been in the growth zone, driven by increases in production (56 vs 53.3 in October) and order intake (55.3 vs 53.2). However, employment growth slowed (50.9 vs 52.1) and delivery performance deteriorated (51.3 vs 55.5). Meanwhile, industrial companies remained optimistic about production plans over the next six months, with the index staying above the 60 mark for the second month in a row (61.5 vs 62.7). On the price front, the index for suppliers' raw and input prices rose to the highest level in four months (55.5 vs 47.9).
2024-12-02
Swedish Manufacturing Sector Expands for 3rd Month
The Swedbank Manufacturing PMI for Sweden increased to 53.1 in October 2024, up from an upwardly revised 51.6 in the previous month. This marked third month in a row that the index has been in the growth zone, but remained below its historical average of 54.3. The largest positive contribution came from the order intake sub-index (52.8 vs 50.8 in September), followed by delivery times (56.2 vs 53.5), production (52.8 vs 51.5) and employment (52.2 vs 51.4). In addition, industrial companies continue to project expansion, as indicated by the production plans index, which climbed to 62.8 from 59.1. Meanwhile, the index for suppliers' raw and input prices dropped for the third straight month to its lowest since January (46.7 vs 48.7), amid falling raw material costs.
2024-11-01