Sweden's industrial activity expanded at the quickest pace in over four years in April despite an uncertain environment, survey data from Swedbank and the logistics association SILF showed on Monday.
The purchasing managers' index for the manufacturing sector rose to 57.2 in April from 56.2 in March. A reading above 50 indicates expansion, and the latest PMI reading was the highest since February 2022.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.