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
Swedish Industrial Production increased on a yearly basis for May 2017 by 900% compared to previous month’s value. Results were reported at 8.0%, accelerating from previous month’s values of 0.8% and beating expectations of 4.5%. Industrial Production in Swedenpeaked at an all-time high point of14.20% in July of 2010and hit rock-bottom at-23.80% in January of 2009. |