The Services PMI in Sweden rose to 57.4 in September 2026 from an upwardly revised 56.0 in August, marking the highest level since November 2025. New orders were the largest positive contributor to the increase in the PMI (59.0 vs 56.4 in August), followed by delivery times (62.7 vs 60.9). The employment index also increased (49.7 vs 48.0), although it remained below the 50-point threshold for a year. Meanwhile, the business activity index edged down but remained firmly in expansion territory (57.3 vs 57.8). The sector also faced renewed price pressures, with the supplier input price index rising to 73.3, the third-highest level of 2026, from 62.1 in August. “The service economy has strengthened during the third quarter. However, the higher cost pressure is simultaneously squeezing companies’ margins and increasing the need for cost adjustments, which may delay the recovery in the labor market,” said Jörgen Kennemar, responsible for the PMI analysis.