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Swedish PMI higher in October at 53.1 points

Published by Uma Rajagopal

Posted on November 1, 2024

1 min read

· Last updated: January 29, 2026

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Graph showing Sweden's PMI rise to 53.1 in October, reflecting manufacturing growth - Global Banking & Finance Review
This image illustrates the increase in Sweden's PMI to 53.1 points in October 2024, highlighting growth in the manufacturing sector, as reported by Silf/Swedbank.
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STOCKHOLM (Reuters) – Activity in Sweden’s manufacturing sector rose to 53.1 points in October from an upwardly revised 51.6 points the previous month, compilers Silf/Swedbank said on Friday. It was the third month in a row the index has been in the growth zone, defined as above 50 points. The sub-index for orders made the […]

STOCKHOLM (Reuters) – Activity in Sweden’s manufacturing sector rose to 53.1 points in October from an upwardly revised 51.6 points the previous month, compilers Silf/Swedbank said on Friday.

It was the third month in a row the index has been in the growth zone, defined as above 50 points.

The sub-index for orders made the biggest contribution to the increase.

(Reporting by Simon Johnson, editing by Terje Solsvik)

Frequently Asked Questions

What is PMI?
PMI stands for Purchasing Managers' Index, a measure of the prevailing direction of economic trends in the manufacturing and service sectors. It is based on surveys of private sector companies.
What is a sub-index?
A sub-index is a component of a broader index that measures a specific aspect of the overall index. For example, in PMI, the orders sub-index reflects changes in new orders received by manufacturers.

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