05.11.202507:30:00UTC+00Swedish Services Sector Shows Signs of Cooling as PMI Drops in October

Sweden's services sector has shown signs of a slowdown as the Purchasing Managers' Index (PMI) for services fell to 55.4 in October, down from 57.9 in September. This change, highlighted in recent data released on November 5, 2025, marks a notable shift in the country's economic trajectory.

The month-over-month comparison indicates a discernible deceleration in the services sector's growth. The September figure was already a step down from previous numbers, suggesting a trend that could concern policymakers and investors who follow these indicators for economic health and decision-making.

Analysts point out that while the index remains above the neutral 50.0 mark—indicating expansion—a lower number suggests the pace of growth has slackened. The dip in PMI could spark discussions on potential underlying issues within the sector or may simply reflect broader seasonal adjustments. As Sweden continues to navigate its post-pandemic recovery, stakeholders will be keeping a close eye on further fluctuations in these numbers.