A wave of manufacturing PMIs will begin soon
On Friday, July 1, final monthly purchasing managers’ indices (PMIs) for the manufacturing sector in many countries and regions will begin to be published. Flash PMIs for the euro area and the United States released last week showed fairly big downturns. We are likely to see somewhat gloomier PMI figures in Sweden as well.
The Nordic countries
Riksbank key rate announcement on Thursday
The main item on this week’s Swedish macroeconomic calendar is the Riksbank’s key interest rate announcement on June 30 (tomorrow). A rate hike is regarded as certain, but it remains to be seen how large it will be. The Swedish central bank will also publish new forecasts of inflation and its own rate path.
Summer has arrived and it is time for Market Outlook to take a holiday break. We will be back during the second half of August with exciting analyses and newsworthy updates.
Until then, stay safe and have a great summer!