Swedish services grow faster as cost pressures persist
September's index reached 57.4 points, supported by new orders.
Prepared by Akhbar Al Watan News 24
Sweden's services purchasing managers' index rose to 57.4 in September from a revised 56 in August, according to Swedbank data reported by Qatar News Agency.
New orders supported the improvement, while the employment component remained below 50 despite rising. Input costs also increased markedly. The figures show expanding services activity alongside employment and operating-cost challenges.