Swedbank: Sweden services PMI slips to 54.2 in July, signaling cooler growth

Reuters2026/08/05 06:30

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Swedbank’s Sweden services PMI fell to 54.2 in July from 56.5 in June, signaling slower growth but staying above 50.
Employment index slid to 45.9, marking a new low for the year as firms held back on hiring.
Input-price index dropped to 65.5 from 75.1, the steepest two-month decline in the series’ 21-year history.
PMI Composite eased to 54.7 from 56.9, pointing to a cooler expansion while lower cost pressure supports the rate outlook.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Swedbank AB published the original content used to generate this news brief via Cision (Ref. ID: 202608050230BITN____UKPR__SV_20260804-BIT-4260-0) on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Swedbank: Sweden services PMI slips to 54.2 in July, signaling cooler growth

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