Industrial production in Sweden rose 0.8 percent from a year earlier in November 2019, after a downwardly revised 2.7 percent decline in the previous month. Output recovered for manufacturing (0.6 percent vs -3 percent in October) and it grew faster for mining & quarrying (3.5 percent vs 2.7 percent). Meanwhile, production slowed for electricity, gas, steam and hot water plants (5.3 percent vs 7.7 percent). On a seasonally adjusted monthly basis, industrial production increased 2.1 percent compared to an upwardly revised 1.7 percent decrease in the previous month. Industrial Production in Sweden averaged 0.11 percent from 2000 until 2019, reaching an all time high of 12.60 percent in February of 2011 and a record low of -26.40 percent in February of 2010. source: Statistics Sweden

Industrial Production in Sweden is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Sweden to stand at 3.00 in 12 months time. In the long-term, the Sweden Industrial Production is projected to trend around 3.20 percent in 2020, according to our econometric models.

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Sweden Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
0.80 -3.00 12.60 -26.40 2000 - 2019 percent Monthly
WDA, 2015=100



Calendar GMT Actual Previous Consensus TEForecast
2019-10-08 07:30 AM Aug 3.7% 3.8% 2.6%
2019-11-05 08:30 AM Sep 1.0% 3.2% 2.8%
2019-12-06 08:30 AM Oct -3% 0% 1.7%
2020-01-10 08:30 AM Nov 0.8% -2.7% -1.8%
2020-02-05 08:30 AM Dec 0.8% 2.5%


News Stream
2019-12-06
Sweden Industrial Output Falls the Most in Over 3 Years
Industrial production in Sweden slumped 3.0 percent from a year earlier in October 2019, after showing no growth in the previous month. It was the sharpest decline in industrial activity since August 2016, mainly due to a fall in manufacturing output (-3.1 percent from a flat reading in September). On the other hand, production rose faster for electricity, gas, steam and hot water plants (7.6 percent from 5.6 percent) and mining & quarrying output rebounded (4.6 percent vs -2.1 percent). On a seasonally adjusted monthly basis, industrial production dropped 1.3 percent, following a downwardly revised 0.8 percent decrease in September.

2019-11-05
Swedish Industrial Output Growth Eases
Sweden's industrial production increased 1.0 percent year-on-year in September of 2019, following a downwardly revised 3.2 percent rise in the previous month. Manufacturing output advanced at a softer pace (1.4 percent vs 3.0 percent in August) while mining & quarrying production dropped (-8.7 percent vs 6.7 percent). Meanwhile, electricity, gas, steam and hot water plants output advanced faster (5.1 percent vs 4.9 percent). On a seasonally adjusted monthly basis, industrial output went down 1.0 percent, after a revised 0.3 percent fall in the previous month.

2019-10-08
Swedish Industrial Output Growth Eases Slightly
Sweden's industrial production increased 3.7 percent year-on-year in August 2019, following an upwardly revised 3.8 percent rise in the previous month. Manufacturing output advanced at a softer pace (3.2 percent vs 3.7 percent in July) while mining & quarrying production grew much faster (17 percent vs 4.5 percent). On a seasonally adjusted monthly basis, industrial output went up 0.3 percent, after an upwardly revised 1.8 percent rise in the previous month.

2019-09-05
Sweden Industrial Output Rebounds in July
Sweden’s industrial production rose 3.2 percent year-on-year in July 2019, following an upwardly revised 1.1 percent fall in the previous month. Manufacturing output rebounded (3.1 percent vs -1.1 percent in June) while mining & quarrying production advanced faster (5.1 percent vs 0.3 percent). On a seasonally adjusted monthly basis, industrial output went up 1.3 percent, rebounding from a downwardly revised -1.0 percent fall in June.

2019-08-06
Swedish Industrial Output Falls 0.2% YoY In June
Sweden’s industrial production fell 0.2 percent year-on-year in June 2019, following an upwardly revised 1.2 percent gain in the previous month, as manufacturing output fell (-0.2 percent vs 1.2 percent in May). Meanwhile, mining & quarrying production advanced faster (1.3 percent vs 0.3 percent). On a seasonally adjusted monthly basis, industrial output decreased 1.1 percent, after a 0.4 percent drop in May.

2019-07-05
Swedish Industrial Output Growth Slows to 1% in May
Sweden's industrial production rose 1.0 percent year-on-year in May 2019, following an upwardly revised 4.0 percent jump in the previous month. Output slowed for mining & quarrying (0.5 percent vs 3.7 percent in April) and manufacturing (1.0 percent vs 3.9 percent). On a seasonally adjusted monthly basis, industrial production fell 0.7 percent, after an upwardly revised 1.7 percent gain in the prior month.


Sweden Industrial Production
In Sweden, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing and mining.

Sweden Business Last Previous Highest Lowest Unit
Business Confidence 94.00 96.70 119.60 65.30 points [+]
Manufacturing PMI 47.10 45.70 70.40 34.00 points [+]
Services Pmi 48.70 47.90 67.20 34.50 points [+]
Industrial Production 0.80 -3.00 12.60 -26.40 percent [+]
Industrial Production Mom 2.10 -1.70 8.90 -16.70 percent [+]
Manufacturing Production 0.60 -3.00 19.20 -23.70 percent [+]
Capacity Utilization 91.40 90.90 91.40 76.00 percent [+]
New Orders 109.80 110.60 133.80 73.00 points [+]
Changes in Inventories 1179.00 11825.00 38594.00 -28657.00 SEK Million [+]
Bankruptcies 551.00 680.00 2148.00 276.00 Companies [+]
Car Registrations 48365.00 31126.00 67553.00 7205.00 [+]
Internet Speed 22543.09 22846.85 22846.85 4526.74 KBps [+]
IP Addresses 5500163.00 5448834.00 6962118.00 3403447.00 IP [+]
Mining Production 3.50 2.70 104.90 -49.80 percent [+]
Steel Production 308.85 330.02 564.00 11.00 Thousand Tonnes [+]
Competitiveness Index 81.25 81.66 81.66 5.40 Points [+]
Competitiveness Rank 8.00 9.00 10.00 2.00 [+]
Business Inventories -6136.89 1475.29 18820.86 -15697.46 SEK Million [+]
Ease of Doing Business 10.00 12.00 18.00 9.00 [+]
Electricity Production 13924.00 11356.00 16434.00 8753.00 Gigawatt-hour [+]
Corruption Index 85.00 84.00 95.00 84.00 Points [+]
Corruption Rank 3.00 6.00 6.00 1.00 [+]