Swedish manufacturing shrinks for fourth month

Note: This section contains information in English only.
Source: RTT News
© Scanpix/FP
Swedish seasonally adjusted purchasing managers' index for the manufacturing sector was 43.2 in November, indicating the contraction of manufacturing industry, according to the Swedbank announcement on Monday. The rate of fall stays unchanged from the previous month and sets the fourth consecutive month of decrease. The indicator of firms' planing output in the next six months also indicates pessimism.
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