Purchasing Managers' Index for the manufacturing industry rose to 52.9 in January, according to Swedbank and Silf. This can be compared to an index level of 52.4 in December.
An index value above 50 indicates increased activity in the sector.
"The price pressure in the industry is increasing, but at a slower pace as the global commodity price increase is being held back by the sluggish global economy and fewer disruptions in supply chains", says Jörgen Kennemar, responsible for the analysis of the Purchasing Managers' Index at Swedbank, according to a press release.
