Services PMI

Services Purchase Manager’s Index records business conditions in the service sector, which accounts for the overall economic sector. The index is estimated by Swedbank. A value above 50.0 indicates industry expansion and below indicates contraction.

Swedish Services PMI

Swedish Services PMI decelerated on a monthly for June 2017 by 1.04% compared to previous month’s value. Results were reported at 57.3 Index Points, falling from previous month’s values of 57.9 Index Points. Services PMI in Swedenpeaked at an all-time high point of67.50 Index Points in December of 2006and hit rock-bottom at34.30 Index Points in January of 2009.