Sweden services PMI falls to 55.7 points in October (updated)
UPDATE 1-Sweden services PMI falls to 55.7 points in October Adds detail in bullet points
STOCKHOLM, Nov 4 (Reuters) - Activity in Sweden's service sector decreased in October with the PMI index falling to 55.7 points from a downwardly revised 57.3 points the previous month, compilers Silf and Swedbank said on Wednesday.
The sub-indices for new orders and delivery times were the biggest drag on the index
Only the sub-index for employment gave a positive contribution with all others declining
Price pressures remain elevated with the sub-index for input prices declining marginally to 71.7 points from 73.2 points. The historical average is 58.5 points
The composite PMI index of both the manufacturing and service sectors declined to 57.0 points from 57.7 points
(Reporting by Marta Frąckowiak, Bolesław Lasocki in Gdańsk, Simon Johnson in Stockholm, editing by Terje Solsvik)
((gdansk.newsroom@thomsonreuters.com, +48 58 7696600))