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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Swedbank Manufacturing PMI climbed to 56.1 in August 2026
FMPMonthlyReleased September 2026
Sweden Swedbank Manufacturing PMI climbed to 56.1 in August 2026, released September 2026, up 0.4 from July's 55.7 reading. The reading matched the 55.1 consensus. Year-over-year, the indicator is up 0.8. The reading is in the 82nd percentile of the trailing 24-month range.
Latest Release
56.1
Actual
55.1
Consensus
55.7
Previous
Median Absolute Error
±0.89
across last 12 releases
Last Call
Sep 2026
Predicted: 54.5
Actual: 56.1
Error: -1.6
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| S&P 500 | ▼ Inverse | −0.67 | INDEX | Moves against | → View |
| DAX | ▼ Inverse | −0.41 | INDEX | Moves against | → View |
| EUR/SEK | ▼ Inverse | −0.31 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Swedbank Manufacturing PMI (Sweden) was reported at 56.10 in September 2026. This beat the market consensus of 55.10 by 1.00. The reading rose from the previous value of 55.70. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 55.82, ranging from 54.60 to 57.30 across 10 releases.
WHY IT MATTERS
The trailing three releases averaged 56.40, up from the prior three at 56.13. Volatility over the past year (σ 0.70) is lower than the prior year (σ 0.99). In September readings over the past 3 years, Swedbank Manufacturing PMI has averaged 54.70.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with S&P 500 (Bearish S&P 500). A secondary relationship exists with DAX, negatively correlated (Bearish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 0.89.
WHAT TO WATCH NEXT
The next release is scheduled for October 1, 2026. Same-country events in the next 14 days include Interest Rate Decision (Sep 24).
Auto-generated from current model state · Refreshes on each release · Last update September 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 (Aug 2026): actual 56.1, consensus 55.1. Prior reading (Jul 2026): 55.8. Before that (May 2026): 57.3.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with S&P 500 (Bearish S&P 500, r=-0.67) — a useful reference for index-focused traders.
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Economic Calendar - SE Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | SE | Inflation Rate MoM | -0.3 | -0.3 | -0.3 | -0.30 | Low |
| 06:00 | SE | CPIF MoM | -0.3 | -0.3 | -0.3 | -0.30 | Low |
| 06:00 | SE | CPIF YoY | 0.7 | 0.7 | 0.7 | 0.70 | Low |
| 06:00 | SE | Inflation Rate YoY | 0.3 | 0.2 | 0.3 | 0.30 | Low |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | SE | Employed Persons | 5.507 | 5.4 | 5.40 | Low | |
| 06:00 | SE | Unemployment Rate | 7.8 | 8.2 | 8.20 | Low | |
| 06:00 | SE | Household Consumption MoM | 1.6 | -0.9 | -0.90 | Low | |
| 06:00 | SE | Household Consumption YoY | 4.3 | 3.7 | 3.70 | Low | |