Trade Resources Industry Views In Sweden, Industrial Production Decreased by 0.3 Percent in January This Year

In Sweden, Industrial Production Decreased by 0.3 Percent in January This Year

In Sweden, industrial production decreased by 0.3 percent in January this year compared to December and rose by 0.8 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 1.3 percent in January this year compared to the previous month, while increasing by three percent year on year. In the month in question, the country's manufacture of fabricated metal products, except machinery and equipment, decreased by one month on month and increased by 10.3 percent compared to January 2013.

On month-on-month basis, new orders for Swedish industry registered a decrease of 13.9 percent in January of the current year, while new orders in the given month decreased by 0.6 percent in working day-adjusted figures compared to January 2013.

In January this year, new orders for basic metals in Sweden decreased 1.1 percent compared to the same month of 2013. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, decreased by 4.1 percent in January on year-on-year basis.

Source: http://www.steelorbis.com/steel-news/latest-news/swedish-basic-metal-output-up-three-percent-in-jan-816861.htm
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Swedish Basic Metal Output up Three Percent in Jan
Topics: Metallurgy