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Swedish basic metal output down 1.9 percent in September

Friday, 21 November 2014 11:30:52 (GMT+3)   |   Istanbul
       
In Sweden, industrial production decreased by 1.1 percent in September this year compared to August and declined by 4.3 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 decreased by one percent in September this year compared to the previous month, while moving down by 1.9 percent year on year. In the month in question, the country's manufacture of fabricated metal products, except machinery and equipment, decreased by one month on month and by 2.9 percent compared to September 2013. Meanwhile, in the first nine months of this year, basic metal production in the country increased by 1.2 percent, and manufacture of fabricated metal products, except machinery and equipment, fell by 0.1 percent, both on year-on-year basis.
 
On month-on-month basis, new orders for Swedish industry registered a decrease of one percent in September of the current year, while new orders in the given month decreased by 2.1 percent in working day-adjusted figures compared to September 2013.
 
In September this year, new orders for basic metals in Sweden increased by 5.8 percent compared to the same month of 2013, including a 1.1 percent increase in domestic orders and an 8.3 percent rise in export orders, while new orders for basic metals were down 9.9 percent compared to August. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 2.5 percent in September on year-on-year basis.

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