Sweden Manufacturing PMI

Last Release

Sep 30, 2025

Actual

55.6

Units In

Points

55.3

Frequency

Monthly

Next Release

Nov 03, 2025

Time to Release

29 Days 3 Hours

Highest	Lowest	Average	Date Range	Source
70.4 Nov 1994	34 Dec 2008	54.29 Points	1994-2025	Swedbank

In Sweden, the Swedbank Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 200 purchasing managers in the manufacturing industry. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

Latest Updates

Sweden’s Swedbank Manufacturing PMI rose to 55.6 in September 2025 from 55.3 in August, marking the highest reading since spring 2022. The strongest contribution came from employment (53.6 vs 52.3), followed by new orders (57.7 vs 57.0) and leaner inventories of purchased materials (46.9 vs 48.4), which typically signal stronger future activity. Production eased slightly (56.9 vs 57.9) but stayed above its historical average, while supplier delivery times remained broadly stable (53.6 vs 53.8). Production plans slipped modestly to 63.8 from 64.5 but continued to reflect optimism among manufacturers. Input prices edged up to 51.0, the highest in six months though still well below the long-term average of 57.6, suggesting subdued cost pressures. PMI analyst Jörgen Kennemar noted Q3 was the best for Swedish industry in three years, driven by order growth, though risks linger from a stronger krona, sluggish eurozone demand, and trade policy uncertainty.