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
| 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 | 0.32 | -4.79 % | Feb 20 |
| Exchange Rate | 9.32 | -0.20 % | Feb 20 |
| Stock Market | 1,589 | 0.14 % | Feb 20 |
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Economic News
Sweden: CPIF and CPI inflation fall in January
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).
Sweden: Riksbank keeps rates steady in February, continues to signal hike in H2
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.
Sweden: Industrial production picks up in December
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.
Sweden: Economic sentiment falls sharply in January
January 30, 2019
The economic tendency indicator dropped from December’s revised 105.6 (previously reported: 106.3) to 101.9 in January.
Sweden: New government finally formed; expansionary 2019 budget approved
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.
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