Swedish PMI higher in October at 53.1 points

STOCKHOLM (Reuters) – Activity in Sweden’s manufacturing sector rose to 53.1 points in October from an upwardly revised 51.6 points the previous month, compilers Silf/Swedbank said on Friday.

It was the third month in a row the index has been in the growth zone, defined as above 50 points.

The sub-index for orders made the biggest contribution to the increase.

(Reporting by Simon Johnson, editing by Terje Solsvik)