The skyline in Sweden

Sweden Industrial production February 2024

Sweden: Industrial activity dips in February

Industrial output—excluding energy—decreased 1.3% in month-on-month seasonally adjusted terms in February, which contrasted January’s 1.4% increase. Looking at the details of the release, February’s downturn was largely driven by a deterioration in manufacturing production, as it expanded at the slowest pace since June 2023. This more than offset a rebound in mining output.

On an annual basis, factory output fell 2.4% in February, which was a notable deterioration from January’s 0.1% decline and marked the worst result since July 2023. Meanwhile, annual average industrial production growth fell to 0.3% in February (January: +1.0%), signaling a worsening trend in the industrial sector.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest