In Sweden, seasonally adjusted industrial production increased by 3.5 percent in May this year compared to April, and was down 2.3 percent year on year in working day-adjusted figures, according to Statistics Sweden (SCB). New orders for Swedish industry increased by 4.5 percent in seasonally adjusted figures in May compared to April. In May, new orders decreased by 3.3 percent in working day-adjusted figures compared to the same month of the previous year.
In May this year, new orders for basic metals in Sweden increased 5.9 percent compared to April and were up 0.9 percent year on year, while new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 1.7 percent in May compared to the previous month and were up 5.7 percent compared to May 2011.
On the other hand, in May this year Swedish basic metal output decreased by 6.4 percent compared to the same month of the previous year and was up 1.2 percent month on month. In the month in question, the country's manufacture of fabricated metal products, except machinery and equipment output, fell by 3.7 percent year on year and rose by 3.9 percent compared to the previous month.