Sweden Manufacturing PMI Continues To Rise In July

Sponsored Links

Sweden's purchasing mangers' index or PMI for the manufacturing sector rose to a seasonally adjusted 54.3 in July from 50.5 in June, the latest survey by the Swedbank and SILF said on Monday. This was the highest level since March 2008.

A reading above 50 indicates expansion in the sector, while a reading below 50 signals a contraction.

The production index rose to 61 in July from 55.8 in June, while the new orders index edged up to 60.5 from 54.7.

Sweden's purchasing mangers' index or PMI for the manufacturing sector rose to a seasonally adjusted 54.3 in July from 50.5 in June, the latest survey by the Swedbank and SILF said on Monday. This was the highest level since March 2008. (Market News Provided by RTTNews)