Financial News: Swedish Factory Growth Strongest Since March 2022

Swedish Factory Growth Strongest Since March 2022

02/02/2026 - 07:24:00 (RTTNews)

(RTTNews) - Sweden's industrial activity expanded at the quickest pace in nearly four years in January, survey data from Swedbank and the logistics association SILF showed on Monday.

The purchasing managers' index for the manufacturing sector rose to 56.0 in January from 55.4 in December. A reading above 50 indicates expansion, and the latest PMI reading was the highest since March 2022, when it was 57.0.

"Swedish industry continues to be in an expansionary phase with index levels that are a good bit higher than in the US and the Eurozone," Swedbank analyst Jorgen Kennemar said.

"Geopolitical unrest and a stronger krona have not prevented the industry from growing and indicate a robust industrial economy."

Among components, positive contributions came from new orders and employment, while inventory purchases, production, and delivery times dragged down the PMI. Production plans reached their strongest level in three months.

Price pressures intensified in January in parallel with the pickup in global commodity prices, especially for industrial metals, led by copper. The supplier raw material and input price index rose to 58.4 in January from 57.4 in December.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan Producer Prices Hold Steady At 2.6% On Year In January (17 min(s), 24 sec(s) ago)
(RTTNews) - Producer prices in Japan were up 2.6 percent on year in January, the Bank of Japan sai ...Full Story»

Australia Inflation Data Due On Wednesday (01 hr(s), 39 min(s), 24 sec(s) ago)
(RTTNews) - Australia will on Wednesday release January figures for consumer prices, highlighting ...Full Story»

U.S. Consumer Confidence Improves In February As Pessimistic Expectations Ease (08 hr(s), 49 min(s), 24 sec(s) ago)
(RTTNews) - A report released by the Conference Board on Tuesday showed an improvement in U.S. con ...Full Story»

Croatia Inflation Confirmed At 3.4% (12 hr(s), 20 min(s), 24 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia increased slightly as initially estimated in Janua ...Full Story»

UK Retail Sales Fall Sharply In February (12 hr(s), 45 min(s), 24 sec(s) ago)
(RTTNews) - UK retailers reported a sharp decline in sales in February due to poor weather conditi ...Full Story»

Poland Jobless Rate Rises To 6.0%, Highest Since September 2021 (13 hr(s), 33 min(s), 24 sec(s) ago)
(RTTNews) - The unemployment rate in Poland increased as expected in January to the highest level ...Full Story»

Iceland Producer Price Inflation Eases To 4.6% (13 hr(s), 55 min(s), 24 sec(s) ago)
(RTTNews) - Iceland's industrial producer price inflation moderated slightly in January after ...Full Story»

French Manufacturing Sentiment Weakens (14 hr(s), 12 min(s), 24 sec(s) ago)
(RTTNews) - French manufacturing sentiment weakened to a three-month low in February on falling pr ...Full Story»