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Sweden manufacturing PMI rises to 56.1 in August

Swedbank and logistics association SILF said Sweden’s manufacturing growth rebounded in August. The purchasing managers’ index rose to 56.1 from 55.7 in July, with readings above 50 indicating expansion.

SWEDA

Sweden’s manufacturing growth regained some momentum in August, according to survey data from Swedbank and the logistics association SILF released Tuesday. The manufacturing purchasing managers’ index climbed to 56.1 in August from 55.7 in July. A reading above 50 signals expansion.