In Sweden, seasonally adjusted industrial production increased by 0.4 percent in August this year compared to July, and was up 3.2 percent year on year in working day-adjusted figures, according to Statistics Sweden (SCB). Like previous months, the slight positive development in industry continued, said the SCB.
However, new orders for Swedish industry decreased by 1.4 percent in seasonally adjusted figures in August compared to July. In August, new orders decreased by 6.5 percent in working day-adjusted figures compared to the same month of the previous year.
In August this year, new orders for basic metals in Sweden decreased 3.7 percent compared to July and were down 18.9 percent year on year, mainly driven by the 23 percent decrease in export orders. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, decreased by 1.8 percent in August compared to the previous month and were down 13.3 percent compared to August 2011.
On the other hand, in August this year Swedish basic metal output increased by 1.4 percent month on month and was down 6.2 percent compared to the same month of the previous year. In the month in question, the country's manufacture of fabricated metal products, except machinery and equipment output, fell by 1.5 percent compared to the previous month and by 1.1 percent year on year.