Swedish services PMI rises to 55.8 in August
Swedish services expanded at a faster pace in August. The services PMI rose to 55.8 from 54.3 in July, with a reading above 50 indicating expansion.
STOCKHOLM (dpa-AFX) - The Swedish service sector expanded at a faster pace in August, survey results from Swedbank and the logistics association Silf showed on Thursday.The purchasing managers' index, or PMI, for the services sector rose to 55.8 in August from 54.3 in July.
A score above 50 indicat…