Sweden’s Services PMI Falls to 55.7 in October as Cost Pressures Remain High
The purchasing managers’ index for the private services sector fell in October to 55.7, down from 57.3 the previous month.
BusinessThe purchasing managers’ index for the private services sector fell in October to 55.7, down from 57.3 the previous month.
BusinessSwedish industry is gaining momentum. The purchasing managers’ index rose to 60.5 in October, up from 58.5 in September.
BusinessActivity in the services sector increased in September, according to the Purchasing Managers' Index (PMI) from Swedbank and Silf (a Swedish trade association).
BusinessThe purchasing managers' index for the manufacturing industry - a business cycle indicator for the sector - rose to 58.1 in September, compared with 56.3 in August, according to Swedbank and the purchasing managers' organization Silf.
BusinessActivity in the service sector slowed in July compared with June, according to a purchasing managers' index from Swedbank and Silf.
BusinessThe manufacturing industry's economic activity rose further in February, new statistics show.
BusinessThe temperature in the services sector dropped in October, according to the purchasing managers' index for the month. The index, which is produced by Swedbank and the purchasing managers' organization Silf, fell to 55.4 in October from 57.9 in September.
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