Sweden’s manufacturing sector strengthened further in October 2026, with the Manufacturing Purchasing Managers’ Index (PMI) rising to 60.5 from 58.5 in September 2026. The latest reading, updated on 2 November 2026, underscores a solid expansion in industrial activity, remaining comfortably above the 50-point threshold that separates growth from contraction.
The two-point increase suggests that Swedish manufacturers are experiencing improving business conditions compared with the previous month. The move from 58.5 to 60.5 points to an acceleration in momentum, indicating that output, new orders or related components of the PMI have continued to develop positively over the period. Investors and policymakers will be watching subsequent releases closely to assess whether this uptick in October marks the start of a more sustained strengthening trend in Sweden’s manufacturing cycle.