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Sweden Manufacturing Downturn Eases In June

Por: RTTNews Business July 03, 2023

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Sweden's manufacturing sector contracted further in June, though the pace of decline has eased since May, survey data from Swedbank and the logistics association SILF showed on Friday.The purchasing managers' index for the manufacturing sector rose to 44.8 in June from 40.7 in May. However, any reading below 50 indicates contraction.Thus, the Swedish manufacturing sector remained in decline for the eleventh successive month.It is a... + full article



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