Sweden: Purchasing Managers Index (PMI), services

* indicates monthly or quarterly data series

Purchasing Managers Index (PMI), services

 Latest value 48.1
 Reference April 2024
 Measure index points
 Data availability January 2017 - April 2024
 Average 56.95
 Min - Max 39.3 - 71.7
 Source Swedbank
For that indicator, we provide data for Sweden from January 2017 to April 2024. The average value for Sweden during that period was 56.95 index points with a minimum of 39.3 index points in April 2020 and a maximum of 71.7 index points in May 2021. Click on the following link to see the values of Purchasing Managers Index (PMI), services around the world.
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* indicates monthly or quarterly data series

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

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

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Definition: The services Purchasing Managers Index (PMI) is an indicator of economic health for the services 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 services sector is based on questionnaire responses that cover the following economic variables: business activity, new business, backlogs of work, prices charged, input prices, employment, expectations for activity. The services 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
 Industrial production -4.10 9/2023 percent
 Retail sales 106.00 9/2023 index points
 Retail sales Y-on-Y -5.44 9/2023 percent
 House price index 179.28 Q3/2023 index point
 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 43.50 9/2023 index points
 Purchasing Managers Index (PMI), services 46.40 9/2023 index points
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