The Services PMI in Sweden increased to 56.6 in June 2026 from an upwardly revised 54.2 in May.

The reading was the highest since November 2025 and exceeded its historical average of 55.6 for only the second time this year.

The business volume sub-index made the largest contribution to the increase in the PMI, rising back to 55.3 from 49.1 in May, followed by the new orders index, which climbed to 57.5 from 54.3.

However, the employment sub-index edged down to 48.0 from 48.8, remaining below the 50 threshold for the ninth consecutive month, suggesting that companies continue to hold off on hiring.

Cost pressures in the services sector also eased in June, with the raw and intermediate goods price index falling to 76.3 from 81.8 in May, though it remained well above its historical average of 58.3.

Meanwhile, the Composite PMI rose to 57.1 in June from 55.1 in May, marking the highest level in seven months.