India, Feb. 5 -- Sweden's service sector expanded for the second successive month in January despite weaker order intakes, survey results from Swedbank and the logistics association Silf showed on Monday.
The purchasing managers' index, or PMI, for the services sector rose to a six-month high of 51.8 in January from 50.3 in December. A score above 50 indicates expansion in the sector.
The business volume sub-index accounted for the largest positive contribution to the headline index, followed by delivery times, while orders received and employment negatively contributed.
"The increase means a brightening in the service sector, but with a weak order situation and employment that continues to lose momentum, it remains a fragile foundation,...