Sweden's industrial output rose 3.9 percent year-on-year in September of 2021, following an upwardly revised 1.2 percent increase in the previous month. It was the eighth straight month of growth of industrial production, underpinned by the manufacturing industry (5.0 percent vs 1.2 percent in August), while mining & quarrying activity slumped the most in twelve years (-17.0 percent vs 0.6 percent). On a seasonally adjusted monthly basis, industrial production edged up 0.3 percent, rebounding from a 3.7 percent drop in the previous month. source: Statistics Sweden

Industrial Production in Sweden averaged -0.14 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 December of 2021.

Industrial Production in Sweden is expected to be 4.50 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


Calendar GMT Actual Previous Consensus TEForecast
2021-10-06 07:30 AM Aug 0.8% 13.3% 9.5%
2021-11-09 08:30 AM Sep 3.9% 1.2% 1.8%
2021-12-07 08:30 AM Oct 3.9% 2.2%


Related Last Previous Unit Reference
Industrial Production Mom 0.30 -3.70 percent Sep/21
Industrial Production 3.90 1.20 percent Sep/21
Manufacturing Production 5.00 1.20 percent Sep/21
Capacity Utilization 90.40 91.10 percent Sep/21
New Orders 111.40 98.10 points Sep/21
Changes in Inventories 12785.00 -1186.00 SEK Million Sep/21
Bankruptcies 546.00 504.00 Companies Oct/21
Car Registrations 22093.00 20916.00 Nov/21
Business Inventories -4964.20 -4911.70 SEK Million Sep/21
Mining Production -17.00 0.60 percent Sep/21

News Stream
Swedish Industrial Output Gains Momentum in September
Sweden's industrial output rose 3.9 percent year-on-year in September of 2021, following an upwardly revised 1.2 percent increase in the previous month. It was the eighth straight month of growth of industrial production, underpinned by the manufacturing industry (5.0 percent vs 1.2 percent in August), while mining & quarrying activity slumped the most in twelve years (-17.0 percent vs 0.6 percent). On a seasonally adjusted monthly basis, industrial production edged up 0.3 percent, rebounding from a 3.7 percent drop in the previous month.
2021-11-09
Swedish Industrial Output Growth at 7-Month Low
Sweden's industrial output increased 0.8 percent year-on-year in August of 2021, following a 13.3 percent jump in the previous month. It was the seventh straight month of rising industrial activity, although the rate of expansion was the weakest in the current sequence. Output growth slowed sharply for manufacturing (1 percent vs 14.9 percent in July), while production declined for mining & quarrying (-2.5 percent vs -13 percent). On a seasonally adjusted monthly basis, industrial production shrank 3.7 percent, the most since April of 2020, following a downwardly revised 1 percent rise in the previous month.
2021-10-06
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

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.