empty
 
 

2018.03.0605:02:00UTC+00Sweden Industrial Production Growth Improves Slightly

Sweden's industrial production growth improved for the second straight month in January, though marginally, figures from Statistics Sweden showed Tuesday.

Industrial production advanced a calendar-adjusted 7.7 percent year-over-year in January, just above the 7.6 percent gain in December. The measure has been rising since September 2016.

Nonetheless, the latest rate of increase was the strongest since June, when production had grown 7.8 percent.

On a monthly basis, industrial production rose 1.2 percent from December, when it increased by 0.8 percent.

Another report from the statistical office revealed that orders for industry grew at a faster rate of 8.3 percent annually in January, following a 6.3 percent gain in the prior month.

Month-on-month, orders decreased at a stable rate of 0.5 percent in January.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback