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.

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Sweden Industrial Production Value Index YoY



Calendar GMT Actual Previous Consensus TEForecast
2023-04-06 06:00 AM Feb 4.9% 3.8% 4%
2023-05-10 06:00 AM Mar -0.1% 4.9% 3.4%
2023-06-09 06:00 AM Apr -0.1% 0.5%


Related Last Previous Unit Reference
Industrial Production Mom -2.80 0.60 percent Mar 2023
Industrial Production -0.10 4.90 percent Mar 2023
Manufacturing Production 1.00 6.00 percent Mar 2023
Capacity Utilization 90.60 89.80 percent Mar 2023
New Orders 118.40 108.30 points Mar 2023
Changes in Inventories 30186.00 -14891.00 SEK Million Mar 2023
Bankruptcies 612.00 660.00 Companies Apr 2023
Car Registrations 29384.00 21413.00 Units May 2023
Business Inventories -236.99 1847.31 SEK Million Mar 2023
Mining Production -17.10 -9.50 percent Mar 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.10 4.90 25.40 -26.90 2001 - 2023 percent Monthly
WDA

News Stream
Industrial Production in Sweden Drops in March
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.
2023-05-10
Industrial Production in Sweden Rises Sharply
Industrial production in Sweden increased 4.9% year-on-year in February of 2023, the most in seven months, and following an upwardly revised 3.8% rise in January. The largest upward contribution came from the motor vehicle industry (26.8%) while the largest downward contribution came from the pulp and paper industry (-10.3%). Compared to the previous month, industrial production went down 0.4%.
2023-04-06
Swedish Industrial Output Growth at 3-Month High
Sweden’s industrial output rose 3.5 percent year-on-year in January 2023, accelerating from an upwardly revised 0.8 percent rise in the previous month. It was the highest growth in industrial activity since October 2022, as output increased for manufacturing (3.4 percent vs 1.1 percent in December 2022) while output for mining & quarrying rebounded (7 percent vs -4.7 percent). On a seasonally adjusted monthly basis, industrial production grew 2.6 percent in January, after showing no growth in the previous month.
2023-03-09