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Swedish services PMI rises to 68.7 points in November

Swedish services PMI rises to 68.7 points in November
Swedish services PMI rises to 68.7 points in November   -   Copyright  Thomson Reuters 2021
By Reuters

STOCKHOLM – Activity in Sweden’s services sector rose to 68.7 points in November, the fourth highest ever reading recorded for the index, from 68.0 points in the previous month, data from Silf and Swedbank showed on Friday.

The service sector purchasing managers index’ historical average is 56 points. It hit a record high of 71.2 points in May this year.