Swedish services PMI 48.6 points in March - Silf/Swedbank

Kitco Media
By Reuters
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Reuters
STOCKHOLM, April 5 (Reuters) - Activity in Sweden's services sector rose in March from February, with the purchasing managers index (PMI) increasing to to 48.6 points from 45.6 points the previous month, data by compilers Silf/Swedbank showed on Wednesday. It was the second month in a row when the index was below the 50 point level that divides expansion from contraction in the sector. The composite index of the service and manufacturing sectors rose to 47.8 points in March from 45.9 points. (Reporting by Simon Johnson, editing by Essi Lehto)

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