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Sweden Services Growth Weakest Since June 2020

Por: RTTNews Business February 03, 2023

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Sweden's service sector growth slowed sharply in January to the lowest level since the current expansion cycle began in June 2020 amid falls in new orders and volume, the purchasing managers' survey results from from Swedbank and the logistics association Silf showed on Friday.The purchasing managers' index, or PMI, for the services sector dropped to 51.0 in January from 52.9 in December. However, a reading above 50 indicates... + full article



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