Based on data collected from a representative panel of over 200 purchasing managers in the manufacturing business, in Sweden, known as the Swedbank Manufacturing Purchasing Managers Index. Five individual indexes are composed in The Manufacturing Purchasing Managers Index, and they are: New Orders (30%), Output (25%), Employment (20%), Suppliers Delivery Times (15%), and Stock of Items Purchased (10%), with the Delivery Times index reversed so that it moves in an equivalent direction. A rating of greater than 50 suggests that the services sector is generally increasing, while a reading of less than 50 indicates that it is generally contracting, and a reading of 50 shows no change in the manufacturing sector.
A higher than expected figure should be seen as positive (bullish) for the SEK while a lower than expected figure should be seen as negative (bearish) for the SEK.
