PMI-indekset for industriproduktionen i Svrige viser stabilitet med høj vækst og nyansættelser, men der er tegn på, at væksten kan blive en smule lavere på grund af en svækket efterspørgsel og flaskehalsproblemer.
Uddrag fra Nordea:
Swedish PMI: Sideways
The manufacturing PMI was roughly unchanged in July at the high level of 65.3. There are some early signs that the pressure on the manufacturing industry is easing.
There are small changes in the July PMI report, in line with expectations. Growth is high, bottlenecks remain a problem and companies are hiring staff.
However, there some early signs that the red-hot situation in the manufacturing industry is cooling down somewhat. The sub-indices for new orders and order books seem to have peaked, and the sub-index for inventories rose in July. Moreover, metal prices on the world market have edged down, indicating lower growth.
All in all, growth in manufacturing industry is strong while demand is perhaps not increasing as fast as it did earlier this year.
Details, July:
PMI: 65.3 (prior 65.4)
Order intake: 65.7 (prior 65.6)
Export orders: 61.2 (prior 62.7)
Production: 63.1 (prior 61.7)
Employment: 61.7 (prior 60.4)
Inventories: 52.3 (prior 44.2)
Production plans 6 months ahead: 74.9 (prior 72.8)
