Industry in Sweden

Sweden Industry | Economic News & Forecasts

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  

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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 %Dec 11
Exchange Rate9.09-0.20 %Dec 11
Stock Market1,4650.14 %Dec 11

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