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.