Solution Manual For Financial Statement Analysis, 13th Edition By Charles H. ...
Purchasing Managers' Index June 2012
1. Purchasing Managers’ Index July 2, 2012
PMI drops to 48.4 in June – weak global economy prompts
Swedish manufacturing industry to shift into a lower gear
The PMI fell by 0.6 points in June, landing at 48.4 – its lowest level since last
November. Swedish industry is slowing down in response to the weak global
economy.
The drop in new orders contributed most to the decrease in the PMI. Production and
supplier delivery times also made negative contributions, while inventories and
employment had a positive impact on the PMI.
Companies have scaled back production plans. The weaker order scenario has put
a damper on optimism for increased activity in the next six months. Companies’
staffing needs are also on the decline, and we may soon see layoffs instead.
Supplier commodity and intermediate goods prices continue to fall, due in part to the
global decrease in commodity prices and the stronger krona. Also the Riksbank may
take note of the fact that the underlying price pressure in industry has decreased.
75
Purchasing Managers' Index
70 PMI
(Purchasing Managers’
65 Index)
Seasonally adjusted
60
2012 Jun. 48.4
55 May 49.0
Apr. 50.2
50 Mar. 50.2
Feb. 50.3
45 Jan. 51.4
2011 Dec. 48.9
40
Unadjusted
Nov. 47.6
Seasonally adjusted
Oct. 49.8
35 Sep. 48.1
Aug. 48.7
30 Jul. 50.1
Jun. 52.9
25 May 56.1
94 95 96 97 98 99 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 11 12
Next publication of Purchasing Managers’ Index: Wednesday August 1, 2012
Cecilia Hermansson, Swedbank, Economic Research Department, +46 (0)8-5859 7720
Administration, +46 (0)8-5859 7740, ek.sekr@swedbank.se
Sebastian Bergfelt, Silf, +46 (0)73-944 6450, professionals@silf.se
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