Sweden's industrial production rose 2.4 percent year-on-year in February of 2021, following a downwardly revised 0.7 percent increase in the previous month. Production advanced faster for manufacturing (2 percent vs 0.9 percent in January), mainly boosted by the motor vehicle industry (7.4 percent vs 4.9 percent). In addition, output rebounded strongly for mining (9.4 percent vs -7.8 percent). On a seasonally adjusted monthly basis, industrial output grew 1 percent, recovering from an upwardly revised 1.9 percent fall in the preceding month. source: Statistics Sweden

Industrial Production in Sweden averaged -0.51 percent from 2001 until 2021, reaching an all time high of 12.60 percent in February of 2011 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 April of 2021.

Industrial Production in Sweden is expected to be 3.00 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 3.20 in 12 months time. In the long-term, the Sweden Industrial Production Value Index YoY is projected to trend around 2.60 percent in 2022, according to our econometric models.

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Sweden Industrial Production Value Index YoY

Actual Previous Highest Lowest Dates Unit Frequency
2.40 0.70 12.60 -26.90 2001 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-08 08:30 AM Nov 0.8% 0.6% -1%
2021-02-05 08:30 AM Dec 5.9% 1.2% 1%
2021-03-09 08:30 AM Jan 1.1% 7.2% 4.8%
2021-04-08 07:30 AM Feb 2.4% 0.7% 3.2%
2021-05-05 07:30 AM Mar 2.4%
2021-06-04 07:30 AM Apr
2021-07-07 07:30 AM May
2021-08-05 07:30 AM Jun


News Stream
Swedish Industrial Output Growth Quickens to 2.4%
Sweden's industrial production rose 2.4 percent year-on-year in February of 2021, following a downwardly revised 0.7 percent increase in the previous month. Production advanced faster for manufacturing (2 percent vs 0.9 percent in January), mainly boosted by the motor vehicle industry (7.4 percent vs 4.9 percent). In addition, output rebounded strongly for mining (9.4 percent vs -7.8 percent). On a seasonally adjusted monthly basis, industrial output grew 1 percent, recovering from an upwardly revised 1.9 percent fall in the preceding month.
2021-04-08
Swedish Industrial Output Growth Slows in January
Sweden's industrial production rose 1.1 percent from a year earlier in January of 2021, following an upwardly revised 7.2 percent jump in the preceding month. Production grew at a slower pace for manufacturing (1.4 percent vs 7.2 percent in December) while it declined for mining & quarrying (-7.7 percent vs 2.8 percent). On a seasonally adjusted monthly basis, industrial output fell 1.5 percent, after an upwardly revised 1.8 percent increase in the prior month.
2021-03-09
Swedish Industrial Output Growth at Near 3-Year High
Sweden's industrial production surged 5.9 percent from a year earlier in December of 2020, following an upwardly revised 1.2 percent increase in the previous month. It was the strongest rise in industrial activity since March of 2018, as the economy gradually recovers from the pandemic crisis. Output grew markedly for manufacturing (6 percent vs 1.4 percent in November), boosted by chemicals and pharmaceutical products (40.8 percent vs -4.9 percent). Also, mining activity decreased much less (-0.8 percent vs -3.2 percent). On a seasonally adjusted monthly basis, industrial production went up 1.4 percent, following a downwardly revised 1.3 percent increase in the previous month.
2021-02-05
Swedish Industrial Output Rises the Most in a Year
Sweden's industrial production went up 0.8 percent from a year earlier in November of 2020, following an upwardly revised 0.6 percent increase in October, as the economy gradually recovers from the pandemic shock. It was the strongest increase in industrial activity since November of 2019, supported by manufacturing (1.1 percent vs 0.8 percent in October). By contrast, mining production continued to fall although at a softer pace (-2.6 percent vs -4.1 percent). On a monthly basis, industrial output increased 1.5 percent, easing from an upwardly revised 2 percent rise in the prior month.
2021-01-08

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.