Sweden Industry April 2018


Sweden: Industrial production declines in April

June 14, 2018

Total industrial production excluding energy decreased a seasonally-adjusted 1.5% in April over the previous month according to Statistics Sweden (SCB), contrasting March’s 0.5% increase. April’s figure was driven by contractions in both the manufacturing and mines and quarries sectors.

On a year-on-year basis, industrial production grew 3.2% in April, down from March’s revised 4.9% rise (previously reported: +6.8% year-on-year). Annual average growth in industrial production increased from 5.1% in March to 5.4% in April.

Sweden Industrial Production Forecast

FocusEconomics Consensus Forecast panelists project that industrial production will increase 5.0% in 2018 and 2.7% in 2019.

Author:, Economist

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Sweden Industry Chart

Sweden Industry April 2018

Note: Month-on-month seasonally adjusted and year-on-year variation in %.
Source: Statistics Sweden (SCB).

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