PMI stands for Purchasing Managers' Index, a measure of the prevailing direction of economic trends in the manufacturing and service sectors. It is based on surveys of private sector companies.

A sub-index is a component of a broader index that measures a specific aspect of the overall index. For example, in PMI, the orders sub-index reflects changes in new orders received by manufacturers.

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Swedish PMI higher in October at 53.1 points

Published by Uma Rajagopal

Posted on November 1, 2024

1 min read

Last updated: January 29, 2026

Graph showing Sweden's PMI rise to 53.1 in October, reflecting manufacturing growth - Global Banking & Finance Review — This image illustrates the increase in Sweden's PMI to 53.1 points in October 2024, highlighting growth in the manufacturing sector, as reported by Silf/Swedbank.

Swedish PMI higher in October at 53.1 points

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