Swedish basic metal output up 3.4 percent in September compared to August

Monday, 07 November 2016 15:42:55 (GMT+3)   |   Istanbul
       

In Sweden, industrial production increased by 6.8 percent in September this year compared to the previous month and rose by 1.5 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 increased by 3.4 percent in September this year compared to the previous month, while rising by 6.5 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 12.1 percent month on month and was down by 1.3 percent year on year.
 
In September, new orders received by Swedish industry rose by 7.3 month on month, while they decreased by 16.4 percent in working day-adjusted figures compared to September 2015.
 
In September of the current year, new orders for basic metals in Sweden increased by 5.3 percent compared to the same month of 2015, including a 10.8 percent increase in domestic orders and an 8.7 percent rise in export orders, while new orders for basic metals were down by 3.4 percent compared to August. Meanwhile, new orders received by the Swedish fabricated metal products industry, except machinery and equipment, increased by 4.9 percent in September on year-on-year basis.

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