Sweden: Purchasing Managers Index (PMI), services
(measure: index points, source: Swedbank)
* indicates monthly or quarterly data series
Purchasing Managers Index (PMI), services 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 56.25 index points with a minimum of 46 index points in June 2013 and a maximum of 64.5 index points in September 2017. Click on the following link to see the values of Purchasing Managers Index (PMI), services around the world.
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.