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.
"Swedish industry continues its expansion," Jorgen Kennemar, responsible for the analysis of the purchasing managers' index at Swedbank, said.
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