Drop in Swedish industrial production in April


News widgets and RSS feeds on
Friday, 10 June 2011
Swedish industrial production decreased by 0.7 percent in seasonally adjusted figures in April compared to March. Comparing April of 2011 with the same month of the previous year, industrial production increased by 12.0 percent in working day adjusted figures.

In most industry sub-sectors production decreased in April compared to March according to Statistic Sweden (SCB). The pharmaceutical industry had the most negative development with a decrease of 9.1 percent.

The development was positive when comparing the latest three month period (February-April) with the previous three month period. Production increased by 4.8 percent within all of industry.

Similar to the previous months this year, industrial production developed positively on a yearly basis with a rise of 12.0 percent in April compared with the same month of the previous year. The development was the strongest in the electrical equipment industry with an increase of 57,6 percent.

The figures for April are preliminary. Since the previous publication the change in industrial production in March compared to February has not been revised and still amounts to an increase of 0.9 percent.  The change in the production in March of 2011 compared to March 2010 has been revised downwards by 0.1 percentage points amounting to an increase of 14.9 percent.
News source SCB

What do you think about this article? Would you like to leave a comment? It will be much appreciated. You can also rate this article.

  • Should be Empty:

Scandinavian Companies & Market Magazine
(C) 2010  Granscole Establishment Sweden AB. Registered in Sweden as a Media Company. Organisation Number: 556782-6572
F-Skatt (VAT) Number: SE556782657201