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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Swedbank Manufacturing PMI climbed to 57.3 in May 2026
FMPMonthlyReleased June 2026
Sweden Swedbank Manufacturing PMI climbed to 57.3 in May 2026, released June 2026, up 0.3 from April's 57 reading. The reading matched the 56.4 consensus. Swedbank Manufacturing PMI has now risen for 7 consecutive months. Over the past 3 months, Swedbank Manufacturing PMI averaged 56.75, vs 55.8 in the prior 3-month window. Swedbank Manufacturing PMI is now the highest in 37 months.
Latest Release
57.3
Actual
56.4
Consensus
57
Previous
Median Absolute Error
±0.75
across last 12 releases
Last Call
Jun 2026
Predicted: 57.1
Actual: 57.3
Error: -0.2
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
Swedbank Manufacturing PMI (Sweden) was reported at 57.30 in June 2026. This beat the market consensus of 56.40 by 0.90. The reading rose from the previous value of 57.00. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 55.58, ranging from 54.20 to 57.30 across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 56.57, up from the prior three at 55.30. Volatility over the past year (σ 0.85) is lower than the prior year (σ 1.32). In June readings over the past 3 years, Swedbank Manufacturing PMI has averaged 54.97.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SEK (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.75.
WHAT TO WATCH NEXT
The next release is scheduled for July 1, 2026. 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 June 2026.
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Swedbank Manufacturing PMI - SE
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About Swedbank Manufacturing PMI — Sweden
DEFINITION
Swedbank Manufacturing PMI is a key economic indicator that measures the performance of the manufacturing sector in Sweden. It is based on a monthly survey of purchasing managers from a variety of industries, providing valuable insights into the overall health and growth of the manufacturing industry. This indicator is widely used by investors, businesses, and policymakers to make informed decisions and assess the current state of the Swedish economy. With its timely and accurate data, Swedbank Manufacturing PMI is a crucial tool for understanding the trends and developments in the manufacturing sector.
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 (May 2026): actual 57.3, consensus 56.4. Prior reading (Apr 2026): 57.2. Before that (Mar 2026): 56.3.
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=-0.50) — a useful reference for forex-focused traders.