In Sweden, industrial production increased by one percent in June this year compared to May and decreased by 1.1 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 3.7 percent in June this year compared to the previous month, while increasing by 6.1 percent year on year. In the month in question, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 6.2 month on month and by 2.5 percent compared to June 2013. Meanwhile, in the first half months of this year, basic metal production in the country increased by 2.6 percent and manufacture of fabricated metal products, except machinery and equipment, rose by 1.4 percent, both on year-on-year basis.
On month-on-month basis, new orders for Swedish industry registered an increase of 2.2 percent in June of the current year, while new orders in the given month decreased by 0.5 percent in working day-adjusted figures compared to June 2013.
In June this year, new orders for basic metals in Sweden rose by 2.7 percent compared to the same month of 2013, including a 5.6 percent increase in domestic orders and a 1.5 percent rise in export orders, while new orders for basic metals were up 2.2 percent compared to May. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 6.2 percent in June on year-on-year basis.
