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Swedish Manufacturing Expansion Picks Up as Orders Gain

2015-01-02 12:56:26| Appliances - Topix.net

Sweden's manufacturing expansion unexpectedly gained speed in December as orders rose and employment grew at the fastest pace since May 2011. An index based on responses from purchasing managers rose to a seasonally adjusted 55.4 last month, the highest since April, from 52.7, Stockholm-based Swedbank AB , which compiles the data, said today.

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