Sweden's manufacturing sector continued to expand in November, though the pace of growth eased somewhat since October, survey data from Swedbank and the logistics association SILF showed on Monday.
The purchasing managers' index for the manufacturing sector dropped to 54.6 in November from 55.0 in October. However, a reading above 50 indicates expansion, and the index is still above its historical average of 54.3.
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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.