The Purchasing Managers' Index for industry rose to 55.3 according to Swedbank and Silf. It can be compared to an index level of 54.4 in July, according to revised figures. It is the highest level so far this year.
"After the downturn in June, the growth rate in industry has gained new momentum at the same time as there have been positive economic signals from several European countries. Reduced uncertainty surrounding global trade policy after the summer's trade agreement with the USA may also have contributed to the increase", says Jörgen Kennemar, responsible for the analysis of the Purchasing Managers' Index at Swedbank, in a press release.
An index figure above 50 indicates increased activity in the sector.
