In Sweden, industrial production increased by 1.1 percent in July this year compared to the previous month and rose by 4.2 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 5.8 percent in July this year compared to the previous month, while rising by 5.1 percent year on year. In the given month, the country's manufacture of fabricated metal products, except machinery and equipment, increased by 8.8 percent month on month and was up by 14.6 percent year on year.
In July, new orders received by Swedish industry rose by 4.7 month on month, while they increased by 5.2 percent in working day-adjusted figures compared to July 2015.
In July of the current year, new orders for basic metals in Sweden increased by 21.7 percent compared to the same month of 2015, including a 47.1 percent increase in domestic orders and an 18.6 percent rise in export orders, while new orders for basic metals were up by 7.8 percent compared to June. Meanwhile, new orders received by the Swedish fabricated metal products industry, except machinery and equipment, increased by 12.8 percent in July on year-on-year basis.