Industry in Sweden
Sweden - Industry
Industrial production picks up in December
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.
Sweden - Industry Data
|Industrial Production (annual variation in %)||-4.1||-2.2||2.9||2.2||4.6|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Industry Chart
Source: Statistics Sweden.
|Bond Yield||0.32||-4.79 %||Feb 20|
|Exchange Rate||9.32||-0.20 %||Feb 20|
|Stock Market||1,589||0.14 %||Feb 20|
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February 19, 2019
Consumer prices in Sweden fell 1.0% in January, contrasting December’s 0.4% rise, according to data released by Statistics Sweden (SCB).
February 13, 2019
At its 12 February monetary policy meeting, the Riksbank left the repo rate unchanged at minus 0.25%, as markets had expected. The Riksbank’s decision came after a rate hike in the previous meeting in December last year.
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.
January 30, 2019
The economic tendency indicator dropped from December’s revised 105.6 (previously reported: 106.3) to 101.9 in January.
January 24, 2019
On 18 January, Stefan Löfven, leader of the Social Democrats, was voted back in as prime minister, ending over four months of parliamentary impasse.