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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SWEDEN
The February Swedish manufacturing PMI rose to 49.0 from 47.1, remaining in contraction for the 19th consecutive month.
- Even though the manufacturing component in the Economic Tendency Indicator fell in February (to 98.4 from 99.2), both surveys remain in contractionary territory.
- All sub-components other than planned production were below the 50-handle in February. Production saw the most notable rise to 49.1 from 42.8, while the rise in new orders to 48.5 from 46.5 was driven by domestic orders.
- The input prices component rose to 47.3 from 45.7.
- However, the Riksbank will be more interested in the development of services prices - the services PMI is due on Tuesday March 5 and comes after services pricing plans fell markedly in the February Economic Tendency Indicator.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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