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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Manufacturing PMI climbed to 54.2 in April 2025
FMPMonthlyReleased May 2025
Sweden Manufacturing PMI climbed to 54.2 in April 2025, released May 2025, up 0.4 from March's 53.8 reading. The reading matched the 53.1 consensus. Manufacturing PMI has now risen for 4 consecutive months.
Latest Release
54.2
Actual
53.1
Consensus
53.8
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Manufacturing PMI (Sweden) was reported at 56.10 in March 2026. The reading rose from the previous value of 55.90. Trailing 12-month context per ETL data through March 2026. Over the past 12 months, the indicator has averaged 55.28, ranging from 54.20 to 56.10 across 8 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 55.80, up from the prior three at 55.10.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SEK (Bearish USD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Riksbank Rate Decision (Jun 17) and Interest Rate Decision (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update March 2026.
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Manufacturing PMI - SE
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About Manufacturing PMI — Sweden
DEFINITION
Manufacturing PMI (Purchasing Managers' Index) is a key economic indicator that measures the health of the manufacturing sector in a country. It is based on a monthly survey of purchasing managers from various industries, providing valuable insights into production levels, new orders, employment, and supplier deliveries. A PMI reading above 50 indicates expansion in the manufacturing sector, while a reading below 50 suggests contraction. This widely followed indicator is used by investors, businesses, and policymakers to assess the overall economic performance and make informed decisions.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2026): actual 56.1. Prior reading (Jan 2026): 56. Before that (Dec 2025): 55.3.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with USD/SEK (Bearish USD, r=-0.58) — a useful reference for forex-focused traders.