
Sweden Manufacturing Growth Slows in November

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Sweden's Swedbank Manufacturing PMI decreased to 54.6 in November 2025 from 55.1 in October, remaining above the long-term average but marking the lowest since July. The decline was due to reduced production and slower delivery times, despite stronger new orders and employment. Inventories were stable, while order backlogs hit a high since early 2022. Input costs rose slightly, but production plans remained optimistic despite weak eurozone conditions.
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