Industry in Sweden
Sweden - Industry
Industrial output bounces back in September
Industrial output expanded 3.6% month on month in seasonally adjusted terms in September, which contrasted August's 6.9% plunge. Looking at the details of the release, September's figure was chiefly due to a notable rebound in manufacturing production, which more than offset mining and quarrying production falling markedly.
On an annual basis, industrial production rose at a faster rate of 6.5% in September (August: +1.8% yoy). Consequently, annual average industrial production growth rose to 2.6% in September (August: +2.1%), signaling an improving trend in the industrial sector.
FocusEconomics Consensus Forecast panelists project that industrial production will increase 0.5% in 2023, which is down 0.5 percentage points from last month’s forecast, and rise 2.1% in 2024.
Sweden - Industry Data
|Industrial Production (annual variation in %)||2.9||2.2||4.7||3.2||1.2|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Industry Chart
Source: Statistics Sweden.
|Bond Yield||0.15||-4.79 %||Jan 01|
|Exchange Rate||9.36||-0.20 %||Jan 01|
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November 15, 2022
Consumer price inflation with a fixed interest rate decelerated to 9.3% in October, down from September’s 9.7%.
November 9, 2022
Industrial output expanded 3.6% month on month in seasonally adjusted terms in September, which contrasted August's 6.9% plunge.
October 28, 2022
The economy fared well in the third quarter of 2022 and defied fears of a contraction.
October 27, 2022
The economic tendency indicator (ETI) deteriorated once again in October, coming in at 84.6, down from September’s 90.8.
October 13, 2022
Consumer price with a fixed interest rate inflation soared to 9.7% in September, up from August’s 9.0%.