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Industrial production index (IPI) , December 2016:

Industrial production decreased in December

Statistical news from Statistics Sweden 2017-02-03 9.30

Industrial production decreased by 1.8 percent in December compared with November in seasonally adjusted figures. Compared with December 2015, industrial production decreased by 0.9 percent in calendar adjusted figures.

Among the industry sub-sectors, the largest decrease compared with the previous month was in the aggregate of the electronics industry, while the largest increase was in the industry for fabricated metal products. In the last three months, October to December 2016, industrial production increased by 1.2 percent compared with the previous three months, July to September 2016, in seasonally adjusted figures.

On an annual basis, industrial production decreased by 0.9 percent in calendar adjusted figures. The strongest decrease came from the manufacture of industry for other transport equipment, while the industry for basic metals showed the largest increase.

The figures for November 2016 are preliminary. Since the previous publication, the change in industrial production in November 2016 compared with October 2016 has been revised downwards by 0.1 percentage points to an increase of 1.1 percent. The change in production in November 2016 compared with the corresponding month the previous year has been revised downwards by 0.2 percentage points to a decrease of 0.1 percent.

It is relevant to analyse the seasonal and calendar adjustments for a better understanding of the statistics.

Percent changes in industrial production volume
NACE 2007INDUSTRY TITLEDec 2016/Nov 2016[1]Oct-Dec 2016/Jul-Sept 2016 [1]Dec 2016/Dec 2015 [2]Jan-Dec 2016/Jan-Dec 2015 [2]Share of value added 2015
B+C
Mines and quarries and manufacturing industry
‑1.8 1.2 ‑0.9 1.8 100.0
-
Intermediate goods industry
‑0.2 2.0 3.3 3.0 38.6
-
Energy excl. section D
3.4 13.9 2.7 ‑3.3 1.5
-
Capital goods industry
‑4.2 2.2 ‑0.6 2.9 37.8
-
Non-durable consumer goods industry
‑7.4 ‑5.5 ‑11.2 ‑2.8 19.6
-
Durable consumer goods industry
‑0.5 1.3 1.3 6.9 2.5
B
Mines and quarries
‑0.3 ‑3.1 3.0 8.2 2.8
C
Manufacturing industry
‑1.8 1.4 ‑0.9 1.6 97.2
10-12
Food product, beverage and tobacco industry
‑2.5 ‑0.4 ‑4.2 ‑1.1 6.8
13-15
Industry for textile and leather products
‑4.4 ‑0.5 ‑3.9 5.0 0.9
16
Industry for wood and wood products
0.4 3.1 7.6 6.7 3.9
17
Industry for pulp, paper and paper products
‑3.0 0.7 2.6 0.7 6.3
18
Industry for printing and reproduction of recorded media
‑5.9 1.8 ‑8.4 ‑5.6 1.1
19
Industry for coke and refined petroleum products
3.3 14.0 2.7 ‑3.3 1.5
20-21
Industry for chemicals and industry for pharmaceutical products
‑8.4 ‑5.2 ‑6.9 ‑2.0 14.5
22
Industry for rubber and plastic products
‑5.8 0.2 ‑5.4 0.9 2.7
23
Industry for other non-metallic mineral products
6.2 2.7 0.5 ‑0.8 2.6
24
Industry for basic metals
‑1.2 5.2 11.4 10.5 5.0
25
Industry for manufacture of fabricated metal products, except machinery and equipment
10.9 ‑1.9 4.1 ‑0.9 8.6
26
Industry for manufacture of computer, electronic and optical products
‑13.1 5.1 1.4 2.7 4.5
27
Industry for manufacture of electrical equipment
3.3 2.6 1.1 ‑1.4 3.7
28
Industry for machinery and equipment n.e.c.
‑0.8 2.5 ‑2.1 ‑2.1 12.3
29
Industry for motor vehicles
‑1.6 6.1 3.6 13.9 12.4
30
Industry for other transport equipment
‑0.3 ‑7.1 ‑10.9 ‑8.0 4.0
31-33
Industry for other manufacturing, repair and installation of machinery amd equipment
‑2.5 ‑1.3 ‑8.7 1.1 6.1

1) Calendar and seasonal adjusted figures. 2) Calendar adjusted figures.

Definitions and explanations

Other information

Development of Index of Service Production 

Revisions

When the Industrial Production Index for a new month is published, the indices for previous months are also revised. The material is normally revised for two to four months retroactively, depending on which month of the quarter is the reference month. The whole previous quarter is revised when publishing the first and second months of a quarter. Calendar adjusted figures, seasonally adjusted figures and trend figures are revised from January 2000 onwards.

International comparisons

For international comparisons, please refer to Eurostat

Next publishing will be

2017-03-03 9.30

Statistical Database

More information is available in the Statistical Database

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Statistics Sweden, Innovation, Business sector production and Research section

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