Sweden Services PMI

Last Release

Nov 30, 2025

Actual

59.1

Units In

Points

55.9

Frequency

Monthly

Next Release

Jan 07, 2026

Time to Release

1 Months 2 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
71.3 May 2021	34.4 Jan 2009	55.54 Points	2006-2025	Swedbank

In Sweden, the Swedbank’s Services PMI measures the performance of the service sector and is derived from a survey of 200 companies. The index tracks variables such as New Orders (35 percent of total weight), Business Volume (25 percent), Employment (20 percent) and Suppliers’ Delivery Times (20 percent). A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining.

Latest Updates

The Services PMI in Sweden climbed to 59.1 in November from an upwardly revised 55.9 in October, reaching its highest level since June 2022 and marking a third straight month above the long-term average. Business volumes rebounded sharply to 65.2 from 55.3, alongside continued strength in new orders (59.5 vs 60). Order backlogs also expanded notably, hitting 58.9, their strongest level in over three years. Firms’ output plans remained firmly optimistic, rising to 67.8 from 64.9, signaling broad expectations of increased activity over the next six months. However, hiring remained subdued as the staying slightly below the 50 threshold at 49.9, despite improving from 47.6. Price pressures intensified, with input cost inflation picking up as the index rose to 57.2, the highest in eight months. Swedbank analyst Jörgen Kennemar said the services sector recovery has strengthened this autumn, with lower interest rates and rising demand shaping companies’ business plans.