Sweden Industrial Output Growth Steady in May

Industrial production in Sweden rose by 6.9% year-on-year in May 2026, matching April’s revised growth rate and remaining the strongest expansion since September 2025. Manufacturing growth held steady at 7.0%, supported by higher production of chemicals, chemical products and pharmaceutical products (14.4% vs 12.5% in April), electrical equipment (3.4% vs 1.7%), and a sharp rebound in computer, electronic and optical products (11.1% vs -2.3%), which more than offset a decline in coke and refined petroleum products (-5.6% vs 10.0%) and slower growth in transport equipment (4.3% vs 9.9%). Additionally, mining production increased by 9.1%, accelerating from a 1.6% gain in the previous month. On a seasonally adjusted monthly basis, industrial output edged up by 0.2% in May, easing from a 4.2% rise a month earlier.

Industrial production in Sweden grew by 7.1% year-on-year in April 2026, accelerating from an upwardly revised 3.4% rise in the previous month. This marked the strongest growth in industrial activity since last September, driven largely by a rebound in mining output, which rose 2.3% after falling 6.4% in March, as metal ore mining returned to growth (0.6% vs -7.2%), while contractions in other mining and quarrying activities eased (-1.1% vs -1.2%). Additionally, manufacturing production climbed by 7.2% (vs 3.8%), marking its fastest rise in seven months, supported mainly by higher output for coke and refined petroleum products (18.9% vs 19.4%), chemical and pharmaceutical products (12.6% vs 20.8%), and other non-metallic mineral products (8.9% vs 1.9%). On a seasonally adjusted monthly basis, industrial output rose by 4.2% in April, rebounding from a downwardly revised 1.6% drop in the preceding period.

Industrial production in Sweden rose 3% year-on-year in March 2026, easing from a downwardly revised 6.2% in the previous month. Manufacturing output slowed to 3.5% from 6.4% in the prior month, weighed down by weaker gains in textiles, clothing and leather industries (3% vs 6.3% in February), and transport equipment (0.1% vs 19.5%), as well as declines in electrical equipment (-5.3% vs 0.6%), machinery and equipment (-1.4% vs 5.2%), and motor vehicles, trailers and semi-trailers (-1.9% vs 18.9%). Meanwhile, mining and quarrying output fell 6.8%, reversing a 6.1% rise in the previous month. On a seasonally adjusted monthly basis, industrial production dropped 2%, down from a downwardly revised 3.8% growth in the prior period.