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Swedish Manufacturing Sector Contracts In September

Por: RTTNews Business October 03, 2022

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Sweden's manufacturing activity contracted for the first time in more than two years in September amid a sharp fall in new orders, survey data from Swedbank and the logistics association SILF showed on Monday.The purchasing managers' index for the manufacturing sector fell to 49.2 in September from 50.2 in August. Any score below 50 indicates contraction, while a reading above suggests growth in the manufacturing sector.Moreover, the... + full article



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