Industrial inventories in Sweden slumped by SEK 6.1 billion in the third quarter of 2019, following a downwardly revised SEK 1.5 billion increase in the previous three-month period. It was the largest decline in total industrial inventories since the fourth quarter of 2016, as stocks at manufacturers tumbled by SEK 7.8 billion (vs SEK 1.5 billion in Q2) while inventories at miners rebounded by SEK 1.7 billion (vs SEK -36.6 billion). Business Inventories in Sweden averaged -252.38 SEK Million from 2008 until 2019, reaching an all time high of 18820.86 SEK Million in the first quarter of 2011 and a record low of -15697.46 SEK Million in the fourth quarter of 2008. source: Statistics Sweden
Business Inventories in Sweden is expected to be -3800.00 SEK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Inventories in Sweden to stand at 8900.00 in 12 months time. In the long-term, the Sweden Industrial Inventories is projected to trend around -2200.00 SEK Million in 2020, according to our econometric models.