Financial News: Swedish Factory Growth Slows In October

Swedish Factory Growth Slows In October

11/03/2025 - 05:30:00 (RTTNews)

(RTTNews) - Sweden's manufacturing sector continued to expand strongly in October, though the pace of growth eased somewhat since September, survey data from Swedbank and the logistics association SILF showed on Monday.

The purchasing managers' index for the manufacturing sector dropped to 55.1 in October from 55.6 in September. A reading above 50 indicates expansion.

"However, continued sluggish development in the eurozone countries, a strong krona, and uncertainty about global trade policy may put a damper on things, even if we do not see it in companies' production plans," Swedish bank analyst Jorgen Kennemar said.

Among components, the new orders sub-index accounted for the largest negative contribution to the decline in the PMI total, followed by employment, inventory purchases, and delivery times. On the other hand, the production index climbed to the highest level in four years.

On the price front, the index for suppliers' raw and input prices rose to 51.7 in October from 51.2 in September. This indicates a further acceleration in input cost inflation, though it remained below its historical average.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds Much More Than Expected In December (35 min(s), 32 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed consumer sent ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In September (23 min(s), 32 sec(s) ago)
(RTTNews) - A long-delayed report released by the Commerce Department on Friday showed consumer pr ...Full Story»

Spain Industrial Output Growth Eases To 1.2% (22 min(s), 32 sec(s) ago)
(RTTNews) - Spain's industrial production grew at the slowest pace in six months in October, t ...Full Story»

Slovenian Trade Deficit Narrows Sharply In October (22 min(s), 32 sec(s) ago)
(RTTNews) - Slovenia's foreign trade deficit decreased significantly in October from a year ag ...Full Story»

India Cuts Key Rates By 25 Bps (21 min(s), 32 sec(s) ago)
(RTTNews) - Added content The Reserve Bank of India lowered its key interest rates on Friday ...Full Story»

French Trade Gap Narrows In October (51 min(s), 32 sec(s) ago)
(RTTNews) - France's foreign trade deficit decreased in October as imports fell faster than ex ...Full Story»

French Industrial Output Growth Moderates (25 min(s), 32 sec(s) ago)
(RTTNews) - France industrial production grew at a slower pace in October as weak machinery and eq ...Full Story»

Slovakia Q3 GDP Growth Confirmed At 0.9% (21 min(s), 32 sec(s) ago)
(RTTNews) - Slovakia's economic growth accelerated as initially estimated in the third quarter ...Full Story»