Swedia - PMI Jasa

Sweden's Services PMI declined to a seasonally adjusted 47.9 in November 2019 from a downwardly revised 49.4 in the previous month. This was the third straight month of contraction in service sector, as three of four sub-indices declined: new orders (45.8 vs 49.7 in October); business volume (51.4 vs 51.5), and suppliers' delivery times (46.7 vs 47.4). Meanwhile, sub-indices of employment increased (48.5 vs 48.3). Finally, the sub-index measuring output expectations increased to 64.6 in November from 60.8 in October.

Sweden's Services PMI declined to a seasonally adjusted 49.5 in October 2019 from 49.8 in the previous month. This was the second straight contraction in service sector, as sub-indices of employment fell to 6-year low (47.5 vs 52.7), and suppliers' delivery times continued to decline (47.6 vs 48.2). Meanwhile, both new orders (50.3 vs 49.3) and business volume (51.7 vs 49.2) improved. Finally, the sub-index measuring output expectations was unchanged at 60.3 in October.

Sweden's Services PMI declined to a seasonally adjusted 49.8 in September 2019 from an upwardly revised 54.2 in the previous month, as all the sub-indices fell: new orders (49.3 vs 53.7 in August); business volume (49.0 vs 58.3); employment (53.2 vs 54.9); and suppliers' delivery times (48.3 vs 49.1). Finally, the sub-index measuring output expectations was unchanged at 60.3 in September.

Sweden's Services PMI increased to a seasonally adjusted 54.1 in August 2019 from an upwardly revised 52.5 in the previous month. The reading pointed to the strongest pace of expansion in the sector since March, as increases were seen in new orders (53.0 vs 48.9 in July) and employment (55.5 vs 54.7) while business volume growth was unchanged (at 58.4). Conversely, sub-index supplier's delivery times sub-index declined to 49.1 from 49.4 in the previous period. Finally, the sub-index measuring output expectations fell to 60.3 in August from 64.1 in July.

The Swedish Services PMI increased to a seasonally adjusted 52.3 in July 2019 from a downwardly revised 49.8 in the previous month. Increases were seen in new orders (48.3 vs 46.3 in June); business volume (58.2 vs 52.2); and suppliers' delivery times (49.3 vs 46.5). Meanwhile, sub-index of employment declined (54.7 vs 56.2). Finally, the sub-index measuring output expectations rose to 64.8 in June from 63.7 in June.

The Swedish Services PMI declined to a seasonally adjusted 49.9 in June 2019 from a downwardly revised 52.8 in the previous month. The latest reading pointed to the first contraction in service sector since June 2013, as decreases were seen in new orders (46.0 vs 51.6 in May); business volume (53.1 vs 56.6); and suppliers' delivery times (46.4 vs 48.2). Meanwhile, sub-index of employment increased (56.4 vs 54.5). Finally, the sub-index measuring output expectations fell to 63.4 in June from 65.2 in May.