Sweden: Purchasing Managers Index (PMI), composite
(measure: index points, source: Swedbank)
* indicates monthly or quarterly data series
Purchasing Managers Index (PMI), composite in Sweden, October, 2019: For that indicator, Swedbank provides data for Sweden from 2014 to 2019. The average value for Sweden during that period was 56.45 index points with a minimum of 48.6 index points in October 2019 and a maximum of 64.4 index points in September 2017. Click on the following link to see the values of Purchasing Managers Index (PMI), composite around the world.
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.