Sweden: Purchasing Managers Index (PMI), composite

* indicates monthly or quarterly data series
 Sweden

Purchasing Managers Index (PMI), composite

 Latest value 50.8
 Reference May 2024
 Measure index points
 Data availability January 2017 - May 2024
 Average 56.1
 Min - Max 38.7 - 70.2
 Source Swedbank
For that indicator, we provide data for Sweden from January 2017 to May 2024. The average value for Sweden during that period was 56.1 index points with a minimum of 38.7 index points in April 2020 and a maximum of 70.2 index points in May 2021. Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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* indicates monthly or quarterly data series


Recent values chart
Sweden - Purchasing Managers Index (PMI), composite - recent values

Historical chart
Sweden - Purchasing Managers Index (PMI), composite - historical chart - 2017-2024
Measure: index points
Source: Swedbank


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Definition: The composite Purchasing Managers’ Index (PMI) is an indicator of economic health for manufacturing and service sectors. The purpose of the PMI is to provide information about current business conditions to company decision makers, analysts and purchasing managers. Each country PMI survey for the manufacturing or service sector is based on questionnaire responses from panels of senior purchasing executives (or similar) at over 400 companies. The composite PMI is a number from 0 to 100. A PMI above 50 represents an expansion when compared with the previous month. A PMI reading under 50 represents a contraction, and a reading at 50 indicates no change.

 Related indicators Latest value Reference Measure
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 Real residential property prices Y-on-Y change -11.09 Q3/2023 percent
 Business confidence survey -2.27 9/2023 points
 Consumer confidence survey -18.20 9/2023 points
 Purchasing Managers Index (PMI), composite 45.60 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 43.40 9/2023 index points
 Purchasing Managers Index (PMI), services 46.40 9/2023 index points
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