Sweden: Purchasing Managers Index (PMI), manufacturing
(measure: index points, source: Swedbank)
* indicates monthly or quarterly data series
Purchasing Managers Index (PMI), manufacturing in Sweden, October, 2019: For that indicator, Swedbank provides data for Sweden from 2013 to 2019. The average value for Sweden during that period was 54.82 index points with a minimum of 46 index points in October 2019 and a maximum of 64.5 index points in March 2017. Click on the following link to see the values of Purchasing Managers Index (PMI), manufacturing around the world.
Definition: The manufacturing Purchasing Managers Index (PMI) is an indicator of economic health for the manufacturing sector. 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 sector is based on questionnaire responses that cover the following economic variables: output, new orders, new export orders, backlogs of work, output prices, input prices, suppliers’ delivery times, stocks of finished goods, quantity of purchases, stocks of purchases, employment, future output. The manufacturing 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.