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MNI: SWEDEN DATA: Manufacturing PMI (Jun 2019).......>

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MNI: SWEDEN DATA: Manufacturing PMI (Jun 2019) Preview - 07:30 BST
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- Bbg Consensus: 50.6; Prev (May): 53.1
- The Swedish manufacturing PMI rose to a six-month high of 53.1 in May from
50.9 in Apr...
- ... but markets expect it to more than fully reverse that gain in Jun  
- Reassuringly, the May survey noted a rise in corporate production plans for
the coming six months 
- While the weakness of the krona should help to support external demand for
Swedish industrial goods...
- ... the slowdown in global economic growth and heightened uncertainty will be
limiting factors
- Meanwhile, falling residential construction and cautious consumers bode poorly
for domestically-sourced demand

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