Purchasing Managers Index Manufacturing (MoM)

The Manufacturing Purchasing Managers Index (PMI) released by Silf and FöreningsSparbanken captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in Sweden. A result above 50 signals is bullish for the Krona, whereas a result below 50 is seen as bearish.