Sweden's industrial activity expanded at the quickest pace in nearly four years in January, survey data from Swedbank and the logistics association SILF showed on Monday.
The purchasing managers' index for the manufacturing sector rose to 56.0 in January from 55.4 in December. A reading above 50 indicates expansion, and the latest PMI reading was the highest since March 2022, when it was 57.0.
"Swedish industry continues to be in an expansionary phase with index levels that are a good bit higher than in the US and the Eurozone," Swedbank analyst Jorgen Kennemar said.
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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.