Sweden's services activity expanded at the quickest pace in just over three years in September, survey results from Swedbank and the logistics association Silf showed on Friday.
The purchasing managers' index, or PMI, for the services sector rose to 57.7 in September from 53.8 in August. A score above 50 suggests expansion in the sector.
Among components, business volume accounted for the largest contribution to the upturn in the services PMI, followed by employment and rising delivery times, while the index for order movements pulled down.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.