Sweden: Purchasing Managers Index (PMI), composite
* indicates monthly or quarterly data series
| Sweden |
Purchasing Managers Index (PMI), composite |
|---|---|
| Latest value | 49.1 |
| Reference | April 2023 |
| Measure | index points |
| Source | Swedbank |
For that indicator, we provide data for Sweden from January 2017 to April 2023. The average value for Sweden during that period was 57.28 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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Measure: index points
Source: Swedbank
Source: Swedbank
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.