Sweden's Manufacturing Confidence Index reflects the optimism of the country's manufacturing companies regarding the current economic state. It is calculated monthly as part of a common business trends survey, through an online survey. Manufacturing companies evaluate the current situation in terms of orders, finished product inventories, expected production volumes and employment.
The Manufacturing Confidence Index is one of the key indicators characterizing the business environment and the general state of the country's economy. A reading above 100 indicates improving business conditions and positive sentiment in the Swedish business environment. This can be seen as positive for SEK.
