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Swedish Swedbank Manufacturing PMI (Jan) 56.0 (Prev. 55.3)

Newsquawk Staff ·

Swedish Swedbank Manufacturing PMI (Jan) 56.0 (Prev. 55.3)

What it means

The Swedbank Manufacturing PMI for January came in at 56.0, up from the previous 55.3, indicating a robust expansion in the manufacturing sector. This beat may signal stronger economic momentum, which could have implications for future monetary policy decisions in Sweden and potentially influence the SEK positively against other currencies.

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