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Reuters said that Sweden's services sector shrank for the first time in five months in April, data showed on Friday, slipping to the lowest level since the end of 2009.
Silf and Swedbank said the service sector purchasing managers index (PMI) shrank to 48.6 points, from 52.6 points in March, falling below 50 for the first time since November last year.
Sweden's economy, which is dominated by the manufacturing sector, shrank in the fourth quarter from the previous three-month period, Reuters said.
Last Updated (Friday, 04 May 2012 15:29)