Industry in Sweden
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
|Industrial Production (annual variation in %)||-4.1||-2.2||2.9||2.2||4.6|
5 years of economic forecasts for more than 30 economic indicators.
Sweden Industry Chart
Source: Statistics Sweden.
|Bond Yield||0.02||-4.79 %||Jun 20|
|Exchange Rate||9.42||-0.20 %||Jun 20|
|Stock Market||1,628||0.14 %||Jun 20|
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June 19, 2019
The economic tendency indicator fell to 98.1 points in June from May’s revised 99.4 points (previously reported: 99.8 points), marking the lowest reading since September 2013.
June 14, 2019
The consumer price index (CPI) rose 0.3% month-on-month in May, down from the 0.7% increase logged in April.
June 4, 2019
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).
May 28, 2019
The economic tendency indicator fell to 99.8 points in May from April’s revised 102.5 points (previously reported: 102.7 points), representing the lowest reading since April 2015.
May 14, 2019
The consumer price index (CPI) rose 0.7% in April compared to the previous month, up from 0.2% in March.