Financial News: Sweden Services Growth Eases In January

Sweden Services Growth Eases In January

02/04/2026 - 06:05:00 (RTTNews)

(RTTNews) - Sweden's service sector activity expanded at the slowest pace in five months, survey results from Swedbank and the logistics association Silf showed on Wednesday.

The purchasing managers' index, or PMI, for the services sector dropped to 54.3 in January from 56.3 in December. However, a reading above 50 indicates expansion in the sector. That was below its historical average of 55.6.

"The recovery in the services sector has slowed down after a strong end to 2025, but it is too early to assess whether it is a temporary slump or not," Swedbank Analyst Jorgen Kennermar said.

"Companies are still optimistic in their business plans, which suggest that it is a temporary slowdown."

Among components, all sub-indices declined in January, and new orders were the largest contributor to the decline in the PMI services, reaching a six-month low.

Price pressures intensified, as the index for raw and intermediate goods prices rose to a 1-year high of 60.1 from 59.5 in December.

The composite PMI dropped to 54.8 in January from 56.0 in December, signaling a slower but robust growth in the Swedish business sector.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Cyprus GDP Growth Accelerates In Q4 (03 hr(s), 03 min(s), 11 sec(s) ago)
(RTTNews) - Cyprus' economic growth rate quickened in the final three months of 2025 to its hi ...Full Story»

U.S. Consumer Prices Edge Higher In January, Annual Growth Slows More Than Expected (04 hr(s), 07 min(s), 11 sec(s) ago)
(RTTNews) - The Labor Department released a highly anticipated report on Friday showing consumer p ...Full Story»

U.S. Consumer Prices Rise Slightly Less Than Expected In January (05 hr(s), 05 min(s), 11 sec(s) ago)
(RTTNews) - The Labor Department released a highly anticipated report on Friday showing consumer p ...Full Story»

Slovakian GDP Growth Improves To 1.0% (05 hr(s), 28 min(s), 11 sec(s) ago)
(RTTNews) - Slovakia's economic growth accelerated somewhat in the three months ending in Dece ...Full Story»

Eurozone Trade Surplus Declines (05 hr(s), 36 min(s), 11 sec(s) ago)
(RTTNews) - The euro area trade surplus declined in December as growth in imports exceeded the exp ...Full Story»

Poland Inflation Eases To 2.2%, Lowest In 22 Months (06 hr(s), 0 min(s),11 sec(s) ago)
(RTTNews) - Poland's consumer price inflation moderated further in January to the lowest level ...Full Story»

Eurozone GDP Expands As Estimated (06 hr(s), 13 min(s), 11 sec(s) ago)
(RTTNews) - The euro area economy grew at a steady pace in the fourth quarter, matching the initia ...Full Story»

Taiwan Q4 GDP Growth Accelerates Slightly Less Than Estimated (07 hr(s), 12 min(s), 11 sec(s) ago)
(RTTNews) - Taiwan's economy expanded at an accelerated pace in the final quarter of 2025, th ...Full Story»