Sweden's industrial output hiked 13.3 percent year-on-year in July of 2021, following a downwardly revised 15.5 percent jump in the previous month. It was the sixth straight month of rising industrial activity, although the rate of expansion eased to the lowest in four months. Output continued to increase at a solid pace in manufacturing activities (15.2 percent vs 16.5 percent in June), while mining and quarrying activity contracted further (-13.1 percent vs -6.3 percent). On a seasonally adjusted monthly basis, industrial production went up 1.2 percent, easing from an eight-month high of 1.9 percent in June. source: Statistics Sweden

Industrial Production in Sweden averaged -0.16 percent from 2001 until 2021, reaching an all time high of 26.50 percent in April of 2021 and a record low of -26.90 percent in July of 2010. This page provides the latest reported value for - Sweden Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sweden Industrial Production Value Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Industrial Production in Sweden is expected to be 6.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sweden Industrial Production Value Index YoY is projected to trend around 3.60 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Sweden Industrial Production Value Index YoY

Actual Previous Highest Lowest Dates Unit Frequency
13.30 15.50 26.50 -26.90 2001 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-08 07:30 AM Apr 26.4% 5.6% 22.5%
2021-07-07 07:30 AM May 24.2% 27.1% 21%
2021-08-10 07:30 AM Jun 16.7% 23.3% 12.5%
2021-09-08 07:30 AM Jul 13.3% 15.5% 11%
2021-10-06 07:30 AM Aug 13.3%
2021-11-05 08:30 AM Sep
2021-12-07 08:30 AM Oct


News Stream
Swedish Industrial Output Rises for 6th Straight Month
Sweden's industrial output hiked 13.3 percent year-on-year in July of 2021, following a downwardly revised 15.5 percent jump in the previous month. It was the sixth straight month of rising industrial activity, although the rate of expansion eased to the lowest in four months. Output continued to increase at a solid pace in manufacturing activities (15.2 percent vs 16.5 percent in June), while mining and quarrying activity contracted further (-13.1 percent vs -6.3 percent). On a seasonally adjusted monthly basis, industrial production went up 1.2 percent, easing from an eight-month high of 1.9 percent in June.
2021-09-08
Swedish Industrial Output Growth Slows in June
Sweden's industrial production advanced 16.7% year-on-year in June of 2021, following a downwardly revised 23.3% jump in the previous month. It was the fifth straight month of rising industrial activity, although the rate of growth eased. Output advanced at a slower pace for manufacturing (17.6% vs 24.1% in May), while mining activity contracted (-5.8% vs 8.2%). On a seasonally adjusted monthly basis, industrial production rose 1.9%, the most in eight months, after being flat in the previous month.
2021-08-10
Swedish Industrial Output Growth Remains Strong
Sweden's industrial production advanced 24.2% year-on-year in May of 2021, after an upwardly revised 27.1% jump in the previous month. It was the second-fastest rise in industrial activity since the series began in January of 2001, largely due to low base effects and also helped by the gradual lifting of Covid-19 restrictions. Production continued to rise solidly for manufacturing (24.8% vs 28.6% in April), mainly boosted by motor vehicles, trailers and semi-trailers (68.9%). At the same time, mining activity growth accelerated (8.1% vs 0.5%). On a monthly basis, industrial output increased 0.1%, following an upwardly revised 0.9% rise in the previous month.
2021-07-07
Swedish Industrial Output Grows at Record Pace
Sweden's industrial production surged 26.4% year-on-year in April of 2021, following a downwardly revised 5.6% increase in the previous month. It was the fastest rise in industrial activity since the series began in January of 2001, largely due to a low base effect as the COVID-19 outbreak started to significantly impact production from March 2020. Production advanced solidly for manufacturing (27.7% vs 5.8% in March), mainly boosted by motor vehicles, trailers and semi-trailers (303% vs 19.9%). At the same time, mining activity went up slightly (0.2% vs 0.1%). On a monthly basis, industrial output increased 0.3%, following a downwardly revised 0.9% rise in the previous month.
2021-06-08

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