瑞典服务业采购经理人指数从上个月略微向下修正的49.3降至2025年4月的48.4，表明服务业持续收缩。这标志着该指数连续第二个月低于50点阈值，这是自2023年9月以来的最低读数。瑞典银行经济学家Jörgen Kennemar表示，“瑞典服务业的复苏在春季停滞不前。”他指出，许多服务公司正在避免雇佣新员工，并开始缩减生产计划。

The Services PMI in Sweden dropped to 48.4 in April 2025 from a marginally downwardly revised 49.3 in the previous month, indicating a continued contraction in the services sector. This marks the second consecutive month the index has been below the 50-point threshold, which separates expansion from contraction, and is the lowest reading since September 2023. According to Swedbank economist Jörgen Kennemar, "The recovery in the Swedish services sector has stalled during the spring." He noted that many service companies are refraining from hiring new staff and are beginning to scale back production plans.

瑞典银行制造业采购经理人指数从前一个月的53.6攀升至2025年4月的54.2。这标志着该指数连续第九个月保持在增长区，也是自2022年5月以来最强劲的读数，主要是由于新订单的持续扩张（3月份为55.8对53.9）和交货时间的改善（50.4对49.2）。在定价方面，供应商原材料和投入价格指数从上月的55.6降至4月份的50.9，为六个月低点，主要原因是全球大宗商品价格下跌和克朗走强。然而，生产（58.0比59.2）、就业（52.9比53.0）和库存（51.6比51.8）都对PMI产生了轻微拖累。

Sweden's Swedbank Manufacturing PMI climbed to 54.2 in April 2025 from 53.6 in the previous month. This marked the ninth consecutive month that the index remained in the growth zone and the strongest reading since May 2022, mainly driven by continued expansion in new orders (55.8 vs 53.9 in March) and improved delivery times (50.4 vs 49.2). On the pricing front, the index for suppliers' raw material and input prices fell to a six-month low of 50.9 in April from 55.6 in the previous month, largely due to declining global commodity prices and a stronger krona. However, production (58.0 vs 59.2), employment (52.9 vs 53.0), and inventory stocks (51.6 vs 51.8) all exerted a slight drag on the PMI.

4月份瑞典采购经理人指数制造业（月环比）高于预期（53.1）：实际（54.2）。4月份瑞典采购经理人指数制造业（月环比）高于预期（53.1）：实际（54.2）

Sweden Purchasing Managers Index Manufacturing (MoM) above expectations (53.1) in April: Actual (54.2).Sweden Purchasing Managers Index Manufacturing (MoM) above expectations (53.1) in April: Actual (54.2)

2025年4月，瑞典商业信心指数从上个月向下修正的98.9升至99.9，表明市场情绪稳定，接近历史平均水平100。尽管企业对需求状况仍持悲观态度（3月份为-28比-27），并报告称过去三个月就业人数有所下降（-4比-3），但预计劳动力在短期内基本保持不变（1比4）。与此同时，经过四个月的上涨，4月份的净销售价格预期保持稳定（23比24），仍表明价格压力高于正常水平。经季节性调整的季度数据显示，企业报告劳动力短缺略有缓解（21对23），而所有行业的盈利能力仍然疲软（-15对-16）。最后，12个月通胀预期从1月份的1.7%升至2.7%。

Sweden’s business confidence barometer rose to 99.9 in April 2025 from a downwardly revised 98.9 in the previous month, indicating stable sentiment close to its historical average of 100. While companies remained pessimistic about demand conditions (–28 vs –27 in March) and reported a decline in employment over the past three months (–4 vs –3), the workforce is expected to remain largely unchanged in the near term (1 vs 4). Meanwhile, net sales price expectations held steady in April (23 vs 24) after four months of increases, still pointing to above-normal price pressures. On a seasonally adjusted quarterly basis, firms reported a slight easing in labor shortages (21 vs 23), while profitability remained weak across all sectors (–15 vs –16). Lastly, 12-month inflation expectations rose to 2.7% from 1.7% in January.