In Sweden, industrial production decreased by 0.8 percent in May this year compared to the previous month and rose by 1.7 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 May this year compared to the previous month, while rising by 4.5 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, decreased by 2.2 percent month on month and was down by 5.6 percent year on year.
In May, new orders for Swedish industry were unchanged month on month, while they fell by 0.5 percent in working day-adjusted figures compared to May 2015.
In May of the current year, new orders for basic metals in Sweden increased by seven percent compared to the same month of 2015, including a 7.8 percent increase in domestic orders and a 4.5 percent rise in export orders, while new orders for basic metals were down by 5.1 percent compared to April. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 6.4 percent in May on year-on-year basis.