Sweden industrial production rebounds in JulyStaff Writer | September 6, 2016
Swedish industrial production grew for the first time in three months in July and at the fastest pace since March, figures from Statistics Sweden showed.
North of Europe Industry in Swede expands 4.2 percent year-on-year
Manufacturing of other transport equipment was the sub-sector that showed the largest increase, while the production for basic metals and the electronics industry showed the biggest decline, the agency said.
On a month-on-month basis, industrial production grew a seasonally adjusted 1.1 percent in July.
The agency also announced that industrial orders grew 4.7 percent month-on-month and 5.2 percent from a year ago during July. ■