In Sweden, industrial production increased by 1.4 percent in March this year compared to the previous month and rose by 5.5 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 fell by 1.8 percent in March this year compared to the previous month, while rising by 11.4 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, decreased by 1.5 percent month on month and was down by 2.8 percent year on year.
In March, new orders for Swedish industry increased by 1.7 percent month on month, while they rose by 2.1 percent in working day-adjusted figures compared to March 2015.
In March of the current year, new orders for basic metals in Sweden increased by 17.6 percent compared to the same month of 2015, including a 3.4 percent increase in domestic orders and a 26.3 percent rise in export orders, while new orders for basic metals were down by 0.4 percent compared to February. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, decreased by 7.5 percent in March on year-on-year basis.