Services Pmi in Sweden decreased to 57.90 Index Points in May from 60.30 Index Points in April of 2017. Services Pmi in Sweden averaged 55.42 Index Points from 2006 until 2017, reaching an all time high of 67.50 Index Points in December of 2006 and a record low of 34.30 Index Points in January of 2009. 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. This page provides the latest reported value for – Sweden Services PMI – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
June 05, 2017 at 11:52AM
from Swedbank
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