Suède PMI manufacturier

Sweden’s Swedbank Manufacturing PMI fell to 51.9 in June 2025 from 53.1 in May, marking the lowest reading since September 2024 and signaling a further loss of momentum in the sector. The slowdown was primarily driven by a sharp drop in order intake, which fell below the neutral 50 threshold to 49 from 50.6 in May, indicating contracting demand. Production growth also lost pace, with the sub-index easing to 55.9 from 58.8. Employment expansion softened as well, with the index slipping to 52.2 from 53.5. Meanwhile, delivery times shortened slightly (50.3 vs 50.9), suggesting easing supply chain pressures, and inventory levels declined (47.8 vs 50.9), possibly reflecting weaker restocking efforts amid ongoing economic uncertainty. On the price front, input cost pressures remained subdued, as the index for suppliers’ raw material and input prices edged up to 50.3 from 49.8, pointing to broadly stable costs.