In Sweden, industrial production decreased by 1.1 percent in April this year compared to March and increased by 9.5 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 two percent in April this year compared to the previous month, while increasing by 1.5 percent year on year. In April, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 1.6 month on month and fell by 4.1 percent compared to April 2014. Meanwhile, in the first four months of this year, basic metal production in the country increased by 7.6 percent and manufacture of fabricated metal products, except machinery and equipment, decreased by 7.6 percent, both on year-on-year basis.
On month-on-month basis, new orders for Swedish industry registered an increase of 1.9 percent in April of the current year, while new orders in the given month increased by 4.4 percent in working day-adjusted figures compared to April 2014.
In April this year, new orders for basic metals in Sweden rose by seven percent compared to the same month of 2014, including a 5.3 percent increase in domestic orders and a seven percent rise in export orders, while new orders for basic metals were up 1.9 percent compared to March. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 0.6 percent in April on year-on-year basis.