Sweden's industrial activity expanded at the quickest pace in four years in February, survey data from Swedbank and the logistics association SILF showed on Monday.
The purchasing managers' index for the manufacturing sector rose to 56.1 in February from 55.9 in January. A reading above 50 indicates expansion, and the latest PMI reading was the highest since March 2022, when it was 57.0.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.