Swedish basic metal output stable in April compared to March

Friday, 10 June 2016 11:53:54 (GMT+3)   |   Istanbul
       

In Sweden, industrial production increased by 0.1 percent in April this year compared to the previous month and rose by 3.5 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 remained stable in April this year compared to the previous month, while rising by 5.1 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 1.1 percent month on month and was down by 1.7 percent year on year.
 
In April, new orders for Swedish industry decreased by 0.5 percent month on month, while they rose by 0.4 percent in working day-adjusted figures compared to April 2015.

In April of the current year, new orders for basic metals in Sweden increased by 14.6 percent compared to the same month of 2015, including a 10.3 percent increase in domestic orders and a 15.7 percent rise in export orders, while new orders for basic metals were up by 3.7 percent compared to March. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 5.9 percent in April on year-on-year basis.

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