In Sweden, industrial production remained almost stable in February this year compared to the previous month and has increased by 3.8 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 rose by one percent in February this year compared to the previous month, while rising by 21.9 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 up by 0.1 percent year on year.
On month-on-month basis, new orders for Swedish industry decreased by 3.1 percent in February, while new orders in the given month rose by two percent in working day-adjusted figures compared to February 2015.
In February of the current year, new orders for basic metals in Sweden increased by 21.5 percent compared to the same month of 2015, including a 14.9 percent increase in domestic orders and a 23.7 percent rise in export orders, while new orders for basic metals were down by 0.3 percent compared to January. Meanwhile, new orders for the Swedish fabricated metal products industry, except machinery and equipment, increased by 2.2 percent in February on year-on-year basis.