– A solid rise in all the important sub-indices, says Åke Gustafsson, analyst at Swedbank.
The Purchasing Managers Index, which reflects activity in the manufacturing sector, rose in December to 55.4 from 52.7 months before. Most sub-index for new orders rose by 3.1 index points, while production and order backlogs increased by 2.6 and 0.6 index points.
Employment rose by 2.2 index points, the highest level since May 2011. Thus, the sub-index rose four consecutive months, which can be interpreted as a sign that employment growth in the industry is stable.
– It is positive that it starts to get on fairly good levels, says Åke Gustafsson.
The sub-index for stocks of purchased materials fell, which Gustafsson also interpret as a good sign.
– The delivery times from suppliers rise is a sign of a possible recovery broadens down in the subcontractor.
Most backed However, providers commodity and intermediate goods prices, which coincides with subdued price pressures, including oil, plastic and steel.
– To fall in prices is not surprising given the very rapid decline in oil prices in December, says Gustafsson.
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