Industry in Sweden
Sweden - Industry
Industrial production gains momentum in October
According to Statistics Sweden, total industrial production excluding energy increased a seasonally-adjusted 2.8% in October over the previous month, up notably from September’s revised 0.5% increase (previously reported: +0.2% month-on-month). October’s acceleration was driven by faster growth in the manufacturing sector, while the mining and quarrying sector recorded a contraction.
On a year-on-year basis, industrial production grew 4.6% in October, up from September’s 2.1% increase. Annual average growth in industrial production dipped from 4.6% in September to 4.5% in October.
Sweden Industrial Production Forecast
FocusEconomics Consensus Forecast panelists project that industrial production will increase 2.3% in both 2019 and 2020.
Sweden - Industry Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -4.1 | -2.2 | 2.9 | 2.2 | 4.6 |
Sweden Industry Chart
Source: Statistics Sweden.
Sweden Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.48 | -4.79 % | Dec 11 |
| Exchange Rate | 9.09 | -0.20 % | Dec 11 |
| Stock Market | 1,465 | 0.14 % | Dec 11 |
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Economic News
Sweden: CPI and CPIF inflation decline in November
December 12, 2018
Consumer prices in Sweden declined 0.1% month-on-month in November, matching October’s figure, according to data released by Statistics Sweden (SCB).
Sweden: Industrial production gains momentum in October
December 6, 2018
According to Statistics Sweden, total industrial production excluding energy increased a seasonally-adjusted 2.8% in October over the previous month, up notably from September’s revised 0.5% increase (previously reported: +0.2% month-on-month).
Sweden: Economy contracts in Q3 on weak household consumption and changes in inventories
November 29, 2018
According to data released by Statistics Sweden (SCB) on 29 November, the economy shrank 0.2% in seasonally adjusted terms in the third quarter over the second quarter, contrasting Q2’s revised 0.5% increase (previously reported: +0.8% quarter-on-quarter) and confounding market expectations of a 0.3% uptick.
Sweden: Economic sentiment declines again in November
November 28, 2018
The economic tendency indicator fell from a revised 107.6 in October (previously reported: 108.0) to 106.7 in November, marking the second consecutive monthly decline.
Sweden: CPIF inflation and core CPIF inflation dip in October
November 14, 2018
Consumer prices in Sweden declined 0.1% month-on-month in October, contrasting September’s 0.5% mom increase, according to data released by Statistics Sweden (SCB).
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