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Swedish services PMI index rises to 52.9 points in October



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STOCKHOLM, Nov 5 (Reuters) -Activity in Sweden's services sector picked up in October with the PMI index increasing to 52.9 points from a downwards revised 48.9 points the previous month, compilers Silf/Swedbank said on Tuesday.

The sub-indices for business volumes and orders were the biggest contributors to the increase, but the employment sub-index dropped to its lowest level since 2020.



Reporting by Simon Johnson, editing by Terje Solsvik

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