Financial News: Sweden Manufacturing Growth Strongest Since January 2022

Sweden Manufacturing Growth Strongest Since January 2022

07/01/2026 - 07:31:00 (RTTNews)

(RTTNews) - Sweden's industrial economy expanded at the quickest pace in four-and-a-half years in June, survey data from Swedbank and the logistics association SILF showed on Wednesday.

The purchasing managers' index for the manufacturing sector rose to 58.3 in June from 57.4 in May. A reading above 50 indicates expansion, and the latest PMI reading was the highest since January 2022.

Among components, the sub-index for new orders accounted for the largest contribution to the increase in the PMI, followed by production, while the other sub-indices fell slightly.

Price pressures remained elevated in June, with the index for suppliers' raw material and intermediate goods prices rising to 81.3 from 81.2 in May.

"The June figure confirms that the recovery has gained a broader foothold with rising order intake, higher production, and continued expansionary production plans," Swedbank Analyst Jorgen Kennermar said.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Slovenian Producer Price Inflation Accelerates To Near 3-Year Peak (01 hr(s), 16 min(s), 35 sec(s) ago)
(RTTNews) - Slovenia's producer price inflation accelerated further in June to the highest lev ...Full Story»

Croatia Jobless Rate Falls To Record Low (01 hr(s), 41 min(s), 35 sec(s) ago)
(RTTNews) - Croatia's unemployment rate decreased further to a record low at the end of the se ...Full Story»

Spain Trade Gap Widens In May (02 hr(s), 23 min(s), 35 sec(s) ago)
(RTTNews) - Spain's foreign trade deficit increased in May from a year ago as exports fell ami ...Full Story»

Hong Kong Inflation Remains Stable At 2.0% (02 hr(s), 47 min(s), 35 sec(s) ago)
(RTTNews) - Hong Kong's consumer price inflation held steady in June after accelerating to a 1 ...Full Story»

German ZEW Economic Confidence Rises To 5-month High (03 hr(s), 48 min(s), 35 sec(s) ago)
(RTTNews) - Germany's economic confidence strengthened more-than-expected in July to the highe ...Full Story»

UK Jobless Rate Remains Stable At 4.9% (04 hr(s), 09 min(s), 35 sec(s) ago)
(RTTNews) - The UK unemployment rate unexpectedly held steady in the three months to May, the Offi ...Full Story»

Taiwan Export Order Growth Quickens To 59.4% In June (05 hr(s), 38 min(s), 35 sec(s) ago)
(RTTNews) - Taiwan's export order growth rebounded markedly at the end of the second quarter, ...Full Story»

Norway Jobless Rate Rises To 4.5% (06 hr(s), 41 min(s), 35 sec(s) ago)
(RTTNews) - Norway's unemployment rate increased slightly in June after falling in the previou ...Full Story»