Sweden Industry December 2018


Sweden: Industrial production picks up in December

February 11, 2019

According to Statistics Sweden, total industrial production excluding energy increased a seasonally-adjusted 1.8% in December over the previous month, contrasting November’s 0.4% decrease. December’s expansion was driven by growth in the manufacturing and mines and quarries sectors.

On a year-on-year basis, industrial production grew 2.6% in December, up from November’s 1.1%. Annual average growth in industrial production eased from 3.8% in November to 3.3% in December.

Sweden Industrial Production Forecast

FocusEconomics Consensus Forecast panelists project that industrial production will increase 1.7% in 2019 and 2.0% in 2020.

Author:, Economist

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Sweden Industry Chart

Sweden Industry December 2018

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

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