In Sweden, industrial production decreased by 2.2 percent in February this year compared to January and rose by 1.7 percent year on year in working day-adjusted figures, according to Statistics Sweden (SCB).
On the other hand, the production index for the Swedish basic metal industry increased by 1.1 percent in February this year compared to the previous month, while increasing by 3.3 percent year on year. In the month in question, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 1.2 month on month and increased by 4.5 percent compared to February 2013. Meanwhile, in the first two months of this year, basic metal production in the country increased by 3.7 and manufacture of fabricated metal products, except machinery and equipment, rose by 7.3 percent, both on year-on-year basis.
On month-on-month basis, new orders for Swedish industry registered an increase of 3.1 percent in February of the current year, while new orders in the given month decreased by 1.2 percent in working day-adjusted figures compared to February 2013
In February this year, new orders for basic metals in Sweden rose by 0.7 percent compared to the same month of 2013. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 0.1 percent in February on year-on-year basis.
