Sweden Industrial Output Growth Picks Up in August

Industrial production in Sweden rose by 5.8% year-on-year in August 2026, accelerating from an upwardly revised 1.2% gain in the previous month. The increase was largely driven by higher output in the manufacturing industry, which grew to 6.6% from 2.4% in July. Production mainly increased for wood products (7.1% vs -4.7%), chemical and pharmaceutical products (17.0% vs 12.7%), and other non-metallic products (19.7% vs -5.3%), which more than offset declines in the manufacture of coke and refined petroleum products (-22.9% vs -16.9%) and rubber and plastic products (-5.2% vs -10.6%). At the same time, mining activity (-7.4% vs -9.0%) decreased at a softer pace, as output surged for other mines and quarries (43.9% vs 9.9%), while metal ore production declined further (-14.9% vs -8.7%). On a seasonally adjusted monthly basis, industrial output grew by 5.4% in August, rebounding from a downwardly revised 2.9% drop in the preceding period.

Industrial production in Sweden rose by 0.2% year-on-year in July 2026, rebounding from a downwardly revised 0.5% fall in June, which marked the first contraction since March 2025. The recovery was largely driven by higher output in the manufacturing sector, rising 0.6% after showing no growth in the previous month. Production mainly increased for chemical, chemical products and pharmaceutical products (13% vs 3.8%) and basic metals and fabricated metal products (12.4% vs 1.2%), which more than offset declines in the manufacture of coke and refined petroleum products (-16.9% vs -10.7%) and rubber and plastic products (-10.6% vs -3.7%). Meanwhile, mining activity (-9% vs -14.3%) continued to decrease but at a softer pace, as metal ore mines declined less (-8.8% vs -17.6%), while other mines and quarries (10.5% vs -1.8%) rebounded sharply. On a seasonally adjusted monthly basis, industrial output dropped 3.6%, slipping further from an upwardly revised 0.7% fall in June.

Industrial production in Sweden fell by 1.5% year-on-year in June 2026, slipping from an upwardly revised and eight-month high of a 7.6% growth in the previous month. The latest figure marked the first contraction since March 2025, largely driven by a sharp decline in mining production, down 13.8% after an 8.5% rise in May. Activity also decreased in the manufacturing sector (-1% vs 7.6%), reflecting weaker output for coke and refined petroleum products (-3.6% vs -5.7%), rubber and plastic products (-4.4% vs 3.6%), and basic metals (-3.8% vs -3.2%), which more than offset increases for textiles, clothing, and leather (3.5% vs 6.3%) and other non-metallic mineral products (7.3% vs 11.1%). On a seasonally adjusted monthly basis, industrial output fell by 0.4%, following an upwardly revised 0.6% gain in the preceding period.