Industrial production in Sweden rose by 2.6% year-on-year in November 2024, rebounding from a 2% fall in the previous month. This marked the first growth in industrial activity since March, as output recovered for mining and quarrying (0.6% vs -4.9% in October), manufacturing (2.6% vs -1%), and electricity, gas, steam and hot water plants (3.3% vs -1.9%). On a seasonally adjusted monthly basis, industrial output rose by 2.4% in November, the most since April 2023, and rebounding from an upwardly revised 0.9% drop in the preceding month. source: Statistics Sweden
Industrial Production in Sweden increased 2.60 percent in November of 2024 over the same month in the previous year. Industrial Production in Sweden averaged -0.02 percent from 2001 until 2024, reaching an all time high of 24.80 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 January of 2025.
Industrial Production in Sweden increased 2.60 percent in November of 2024 over the same month in the previous year. Industrial Production in Sweden is expected to be 1.00 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 4.30 percent in 2026, according to our econometric models.