Industry in Sweden

Sweden Industry | Economic News & Forecasts

Sweden - Industry

Industrial production rebounds in April

According to Statistics Sweden, total industrial production excluding energy rose a seasonally-adjusted 1.3% over the prior month in April, recovering from the revised 1.9% fall logged in March (previously reported: -3.3% month-on-month). The recovery came on the back of an upturn in manufacturing output, while mining and quarrying output fell marginally in the month.

On a year-on-year basis, industrial production increased 3.4% in April, contrasting the revised 0.3% dip logged in March (previously reported: -2.6% year-on-year). Annual average growth in industrial production picked up to 2.2% in April from 2.1% March.

FocusEconomics Consensus Forecast panelists project that industrial production will increase 1.7% in 2019, which is unchanged from last month’s forecast, and 1.4% 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  

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Sweden Industry Chart


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

Sweden Facts

ValueChangeDate
Bond Yield0.02-4.79 %Jun 20
Exchange Rate9.42-0.20 %Jun 20
Stock Market1,6280.14 %Jun 20

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