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Sweden Industry September 2018

Sweden: Industrial production loses momentum in September

Total industrial production excluding energy increased a seasonally-adjusted 0.2% in September over the previous month, down from August’s revised 0.5% increase (previously reported: +0.6% mom), according to Statistics Sweden. September’s slowdown was driven by a loss of momentum in the manufacturing sector, which more than offset a rebound in the mining and quarrying sector.

On a year-on-year basis, industrial production grew 1.7% in September, down from August’s 2.8% growth. Annual average growth in industrial production was unchanged at 4.6% in September.

Sweden Industrial Production Forecast

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