Swedish basic metal output up 2.3 percent in June compared to May

Thursday, 11 August 2016 17:05:11 (GMT+3)   |   Istanbul
In Sweden, industrial production decreased by 0.4 percent in June this year compared to the previous month and fell by 1.4 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 2.3 in June this year compared to the previous month, while rising by 14.7 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 0.1 percent month on month and was down by 4.5 percent year on year.
 
In June, new orders received by Swedish industry rose by 0.7 month on month, while they fell by 1.6 percent in working day-adjusted figures compared to June 2015.
 
In June of the current year, new orders for basic metals in Sweden increased by 14.4 percent compared to the same month of 2015, including a 27.7 percent increase in domestic orders and a 10.3 percent rise in export orders, while new orders for basic metals were up by 4.7 percent compared to May. Meanwhile, new orders received by the Swedish fabricated metal products industry, except machinery and equipment, decreased by 6.1 percent in June on year-on-year basis.

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