Sweden's industrial activity expanded at the quickest pace in four years in March, survey data from Swedbank and the logistics association SILF showed on Wednesday.
The purchasing managers' index for the manufacturing sector rose to 56.3 in March from 56.0 in February. A reading above 50 indicates expansion, and the latest PMI reading was the highest since March 2022, when it was 57.0.
Among components, the rise in the PMI was driven by the sub-index for suppliers' delivery times, followed by employment and inventory purchases, while new orders accounted for the largest negative contribution in 20 months.
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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.