A measure of output of the industrial sector of the economy. It measures the amount of output from the manufacturing, mining, electric and gas industries. This index is measured by Statistics Sweden. A rise in industrial production reflects positive on growth statistics as they reflect on consumer spending and exports. |
Swedish Industrial Production Mom
Swedish Industrial Production increased on a monthly basis for May 2017 by 187.50% compared to previous month’s value. Results were reported at 2.1%, accelerating from previous month’s values of -2.4% and beating expectations of 1.0%. Industrial Production MoM in Swedenpeaked at an all-time high point of8.60% in January of 2012and hit rock-bottom at-7.80% in February of 2012. |