the Manufacture of the bearings at the SKF factory in Göteborg. Arkivbild. Photo: Bjorn Larsson Rosvall/TT
Economic
the institute’s figures for the month of december showed that the high-
economic activity in Sweden strengthening and that the unemployment rate decreases by 2017-2018.
One of the 2017 year the first temperature gauge of the economic situation shows at high pressure. For the first time since 2011, climbs the purchasing managers ‘ index for the manufacturing sector over 60. It is a good bit over the limit which marks the boom. The dividing line between up – and the decline in manufacturing activity has been established to 50.
– In the past six months we have seen a clear rise of the index. It sends light signals forward and shows that we are moving out in 2017 with good speed, ” says Nicole Bångstad, makroekonom at Swedbank.
Swedbank inköpschefsorganisationen Silf has produced purchasing managers ‘ index since 1995. The index is based on interviews with around 200 purchasing managers in the manufacturing industry and is one of the few monthly konjunkturmätare. The latest survey for the month of december shows that several sub steps, such as production, employment, orders and delivery times.
– Planned production is a forward-looking factor, and it is located on a very high level. It shows a continued optimism ahead of the production will increase, ” says Nicole Bångstad.
the Numbers for the purchasing managers ‘ index, together with previous figures from the national institute of economic Research, may mean that GDP growth in Sweden is undervalued, according to Torbjörn Isaksson, chief analyst at Nordea. Even the national institute of economic research figures for the month of december showed that the economic boom in Sweden would be strengthened and that the unemployment rate decreases by 2017-2018.
– It indicates that GDP growth in the Swedish economy for the fourth quarter of 2016, and for 2017 looks good, maybe even a little better than what is in the multiple forecasts, ” says Nordea’s chief analyst Torbjörn Isaksson.
Very point at that pressure in Sweden is driven by a strong domestic economy, although a weak exchange rate also contributed to a degree of optimism.
eurozone purchasing managers ‘ index for the industry was presented during the Monday and showed an increase in december. The level in the euro area of 54.9, however, is significantly below the English one. Much evidence points to pressure in Sweden is driven by a strong domestic economy, although a weak exchange rate also contributed to a degree of optimism.
Europe also presents a pretty good figure, but still, Sweden is a pretty good notch higher. The Swedish economy as a whole has been very strong compared with the euro area, ” says Nicole Bångstad.
price pressure in Sweden can rise as a result, at least in the long term, according to Torbjörn Isaksson. In the future, a stronger performance by the industrial sector in Sweden for example have some bearing on wage formation because the industry is often considered to be the leadş ing.
” We see a strong industrial activity and higher commodity prices. It could mean higher prices for consumers in the future. There is nothing that will have an effect on the rate of inflation during the first half of 2017, but it can make life a little easier for the central banks in the period ahead, ” says Torbjörn Isaksson.
the purchasing managers ‘ Index for the services sector will on Wednesday.
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