Swedish Service Sector Sees Fragile Recovery in August
The Swedish service sector is recovering again in August after having declined in July.
BusinessThe Swedish service sector is recovering again in August after having declined in July.
BusinessThe recovery in the service sector has come to a halt and activity in the sector is unexpectedly decreasing, according to the purchasing managers' index from Swedbank and Silf. The slowdown is weighing down development in the business sector.
BusinessDespite economic uncertainty, there are positive tones within Swedish industry. Inflation tendencies are decreasing noticeably, shows an important business cycle measure.
BusinessSwedish manufacturing industry steps on the gas a bit, shows a purchasing managers' index for the month of March. The trend points in the right direction in the eurozone as well.
BusinessThe temperature in industry is rising. The purchasing managers' index for the manufacturing industry increases to 53.5 for February, according to Swedbank and Silf, up from 53.1 in January, according to a revised figure.
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