Industrial production in Sweden dropped 0.1% year-on-year in March of 2023, reversing 4.9% growth in February. The largest downward contribution came from the pulp and paper industry (-11.4%) while the largest upward contribution came from the other machine industry (+15.6%). Compared to the previous month, industrial production fell by 2.8%, after a 0.6% rise in the previous month. source: Statistics Sweden
Industrial Production in Sweden averaged -0.05 percent from 2001 until 2023, reaching an all time high of 25.40 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 June of 2023.
Industrial Production in Sweden is expected to be -4.00 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 1.90 percent in 2024 and 1.70 percent in 2025, according to our econometric models.