Industry in Sweden

Sweden Industry | Economic News & Forecasts

Sweden - Industry

Industrial production growth slows in June

Total industrial production, excluding energy, increased a seasonally-adjusted 0.2% in June over the previous month, down from May’s revised 3.8% expansion (previously reported: 1.8% month-on-month), according to Statistics Sweden (SCB). June’s figure was weighed down by a contraction in the mining and quarrying sector but supported by modest growth in the manufacturing industry.

On a year-on-year basis, industrial production grew 5.4% in June, down from May’s revised 5.9% rise (previously reported: 3.7% year-on-year). Annual average growth in industrial production, meanwhile, slowed from 5.3% in May to 5.1% in June.

Sweden Industrial Production Forecast

FocusEconomics Consensus Forecast panelists project that industrial production will increase 4.2% in 2018 and 2.1% in 2019.

Sweden - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-4.1  -2.2  2.9  2.2  4.6  

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Sweden Industry Chart

Sweden Industry
Note: Annual variation of industrial production in %.
Source: Statistics Sweden.

Sweden Facts

Bond Yield0.48-4.79 %Aug 15
Exchange Rate9.21-0.20 %Aug 15
Stock Market1,5940.14 %Aug 15

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