Sweden's service sector activity deteriorated in July amid weaker demand conditions, survey results from Swanbank and the logistics association Silf showed on Tuesday.
The purchasing managers' index, or PMI, for the services sector dropped to 48.8 in July from 54.3 in June. Any reading below 50 indicates contraction in the sector.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.