In Sweden, industrial production decreased by 0.3 percent in July this year compared to June and increased by three 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 grew by 0.3 percent in July this year compared to the previous month, while rising by 7.3 percent year on year. In July, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 3.6 percent month on month and was up by 0.3 percent compared to July 2014. Meanwhile, in the first seven months of this year, basic metal production in the country increased by 12 percent and manufacture of fabricated metal products, except machinery and equipment, grew by 7.3 percent, both on year-on-year basis.
On month-on-month basis, new orders for Swedish industry remained stable in July, while new orders in the given month increased by 11.2 percent in working day-adjusted figures compared to July 2014.
In July this year, new orders for basic metals in Sweden rose by 17.1 percent compared to the same month of 2014, including a 11.2 percent increase in domestic orders and a 19.2 percent rise in export orders, while new orders for basic metals were up by 4.2 percent compared to June. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 9.5 percent in July on year-on-year basis.