Breaking News

Sweden Manufacturing Purchasing Managers Index (PMI)

Latest Release

Nov 01, 2024

Actual

53.1

51.6

The Manufacturing Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms throughout the country. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. Policymakers and traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, rather than waiting for the hard data to emerge. While manufacturing accounts for a far smaller percentage of economic output than services, it is far more cyclical and is therefore a useful indicator of where in the economic cycle the economy is currently situated.
A reading that is stronger than forecast is generally supportive (bullish) for the SEK , while a weaker than forecast reading is generally negative (bearish) for the SEK.

Importance:

Country:

Currency: SEK

Source: Silf and Förenings Sparbanken

Release Date	Time	Actual	Forecast	Previous
Dec 02, 2024 (Nov)	08:30			53.1
Nov 01, 2024 (Oct)	08:30	53.1		51.6
Oct 01, 2024 (Sep)	07:30	51.3		52.6
Sep 02, 2024 (Aug)	07:30	52.7	49.3	49.2
Aug 01, 2024 (Jul)	07:30	49.2		53.0
Jul 01, 2024 (Jun)	07:30	53.6		54.1

News

StockBeat: Stoxx 600 Prepares for Another Run at 400 By Investing.com - Nov 01, 2019

By Geoffrey Smith Investing.com -- Europe’s stock markets were broadly higher after early trade on Friday after a strong manufacturing survey from China supported hopes that the worst of that...

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