Sweden's industrial output dropped 0.5 percent year-on-year in June of 2022, reversing from an upwardly revised 0.3 percent rise in the previous month. It was the second decline in industrial output in the last six months, as production of manufacturing fell (0.5 percent vs 0.9 percent). Meanwhile, production of mining & quarrying rebounded sharply (5.6 percent vs -9.3 percent in April). On a seasonally adjusted monthly basis, industrial production expanded 0.5 percent, slowing from an upwardly revised 0.7 percent growth in May. source: Statistics Sweden
Industrial Production in Sweden averaged -0.11 percent from 2001 until 2022, reaching an all time high of 25.80 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 August of 2022.
Industrial Production in Sweden is expected to be 3.80 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 2.50 percent in 2023, according to our econometric models.