In Sweden, industrial production decreased by 4.1 percent in August this year compared to the previous month and fell by 4.8 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 increased by 0.3 percent in August this year compared to the previous month, while rising by 5.9 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, decreased by 21.6 percent month on month and was down by 15.3 percent year on year.
In August, new orders received by Swedish industry fell by 9.8 month on month, while they decreased by 5.6 percent in working day-adjusted figures compared to August 2015.
In August of the current year, new orders for basic metals in Sweden increased by 12.2 percent compared to the same month of 2015, including a 10.4 percent increase in domestic orders and a 10.6 percent rise in export orders, while new orders for basic metals were down by 6.3 percent compared to July. Meanwhile, new orders received by the Swedish fabricated metal products industry, except machinery and equipment, decreased by 7.2 percent in August on year-on-year basis.