In Sweden, industrial production increased by 5.2 percent in February this year compared to January, and was down 7.1 percent year on year in working day-adjusted figures, according to Statistics Sweden (SCB). New orders for the Swedish industry decreased by 5.5 percent in seasonally adjusted figures in February compared to January. In February, new orders decreased by 8.3 percent in working day-adjusted figures compared to the same month of the previous year.
In February this year, new orders for basic metals in Sweden decreased 3.9 percent compared to the same month of 2011, while it fell 1.5 percent compared to the previous month. On the other hand, new orders for the Swedish fabricated metal products industry, except machinery and equipment, decreased by 1.8 percent in February this year compared to February 2011, while a 0.4 percent month-on-month increase was observed.
On the other hand, new domestic orders for the Swedish basic metal industry decreased 7.2 percent in February this year compared to the previous month and were down 17.2 percent year on year, while new export orders decreased by 1.5 percent month on month and were down 3.9 percent compared to February 2011.
In the month in question, in Swedish industry, for manufacture of fabricated metal products, except machinery and equipment, new domestic orders decreased by 2.9 percent compared to the previous month and were up 1.1 percent year on year, while export orders rose by 8.3 percent over January and were down 7.7 percent compared to February 2011.