Industry in Sweden
Sweden - Industry
Industrial production growth rebounds in July
Total industrial production excluding energy notched growth of 1.4% in July over the prior month in seasonally- and calendar-adjusted terms, contrasting June’s revised contraction of 1.0% (previously reported: -1.1% month-on-month). The improvement was due to improvements in both mining and quarrying, and manufacturing output.
On a year-on-year basis, industrial production rose 3.1% in July, contrasting June’s 0.3% drop. Annual average growth in industrial production accelerated to 1.9% in July from 1.7% in June.
FocusEconomics Consensus Forecast panelists project that industrial production will increase 1.6% in 2019, which is down 0.1 percentage points from last month’s forecast, and 1.4% in 2020.
Sweden - Industry Data
|Industrial Production (annual variation in %)||-4.1||-2.2||2.9||2.2||4.7|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Industry Chart
Source: Statistics Sweden.
|Bond Yield||-0.32||-4.79 %||Sep 04|
|Exchange Rate||9.73||-0.20 %||Sep 04|
|Stock Market||1,581||0.14 %||Sep 04|
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September 10, 2019
The consumer price index (CPI) decreased 0.4% in August compared to the previous month, contrasting the 0.4% increase in July.
Sweden: Riksbank holds fire in September as expected, but surprises analysts with hawkish forward guidance
September 5, 2019
At its 5 September monetary policy meeting, the Riksbank left the repo rate unchanged at minus 0.25%, as had been widely expected by market analysts.
September 5, 2019
Total industrial production excluding energy notched growth of 1.4% in July over the prior month in seasonally- and calendar-adjusted terms, contrasting June’s revised contraction of 1.0% (previously reported: -1.1% month-on-month).
August 28, 2019
The economic tendency indicator fell to 94.9 points in August from 96.4 points in July, marking the lowest reading since June 2013.
August 14, 2019
The consumer price index (CPI) increased 0.4% in July compared to the previous month, contrasting the 0.1% decrease in June.