Industry in Sweden

Sweden Industry | Economic News & Forecasts

Sweden - Industry

Industrial production recovers in August

Total industrial production excluding energy increased a seasonally-adjusted 0.6% in August over the previous month, contrasting July’s revised 2.6% contraction (previously reported: -2.2% month-on-month), according to Statistics Sweden (SCB). August’s figure was driven by a rebound in manufacturing, as the mining and quarrying sector contracted.

On a year-on-year basis, industrial production grew 3.0% in August, up from July’s 1.8%. Annual average growth in industrial production, dropped from 4.9% in July to 4.6% in August.

Sweden Industrial Production Forecast

FocusEconomics Consensus Forecast panelists project that industrial production will increase 4.4% in 2018 and 4.2% 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 Yield0.68-4.79 %Oct 18
Exchange Rate9.04-0.20 %Oct 18
Stock Market1,5440.14 %Oct 18

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