Swedish services PMI dips to 55.1 points in Sept

Swedish services PMI dips to 55.1 points in Sept

Activity in Sweden's services sector slowed in September from August, with the purchasing managers index (PMI) dipping to 55.1 points from a revised 58.6 points the previous month, data by compilers Silf/Swedbank showed on Wednesday.

The composite index of the service and manufacturing sectors fell to 53.5 points in September from 56.3 points.

- Reuters via PiQSuite.com/Suite

The good news is that it's still in expansion. The bad news is that the direction of travel is less than ideal.