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Weaker Swedish service sector growth

Thursday, 03 November 2011
Purchasing managers' index for services fell to 49.1 in October. In September, the index was 51.4.
"Economic activity in the service sector weakened across the board. Index is at its lowest level since late 2009," writes Swedbank and purchasing and logistics federation Silf, which produces the index.
The index is based on responses from more than 200 purchasing managers in the private service.
By Scancomark.se Team

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