Sweden Industry


Sweden: Industrial production expands for fourth straight month

October 10, 2012

In August, industrial production increased 0.4% over the previous month in seasonally and working-day adjusted terms. The expansion doubled the 0.2% rise tallied in July and represents, in fact, the fourth consecutive monthly increase. According to Statistics Sweden (SCB), the reading mainly reflected a strong expansion in the motor vehicle industry. Compared to the same month last year, industrial production rose a working-day adjusted 3.2%, which contrasted the 0.9% decline observed in July and was above the 1.5% increase expected by the market. Moreover, the trend stabilized, with annual average growth remaining unchanged at July's minus 1.2%.


Sample Report

Looking for forecasts related to Industry in Sweden? Download a sample report now.


Sweden Industry Chart

Sweden Industry August 2012

Note: Month-on-month seasonally adjusted changes and year-on-year variation of industrial production in %.
Source: Statistics Sweden (SCB) and FocusEconomics calculations.

Sweden Economic News

More news

Search form