Sweden's Services Purchasing Managers' Index (PMI) has shown a deceleration in growth, slipping from 59.2 in November 2025 to 56.7 in December 2025, as reported on January 7, 2026. This month-over-month decline suggests a moderation in the expansion of the country's service sector, though it remains above the 50-point threshold indicating growth.
The December reading highlights a cautious shift in momentum compared to the robust pace recorded in November. While the PMI still reflects growth in the services sector, revered for its resilience and contribution to the Swedish economy, the slower rate suggests businesses might be experiencing headwinds such as supply chain issues, cost pressures, or fluctuating demand impacting service delivery and operational scalability.
Analysts will be closely monitoring how this change might influence macroeconomic policies or business strategies in the early months of 2026. This moderation in the Services PMI could signal a need for adaptive measures by Swedish businesses and policymakers to sustain economic stability and drive future growth.
