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Industrial Production Index, January 2017:

Industrial production increased in January

Statistical news from Statistics Sweden 2017-03-03 9.30

Industrial production increased by 2 percent in January compared with December in seasonally adjusted figures. Compared with January 2016, industrial production increased by 1.3 percent in calendar adjusted figures.

Among the industry sub-sectors, the largest decrease compared with the previous month was in the aggregate for chemical and pharmaceutical industry, while the largest increase was in the industry for non-metallic mineral products. In the last three months, November 2016 to January 2017, industrial production increased by 2.3 percent compared with the previous three months, August to October 2016, in seasonally adjusted figures.

On an annual basis, industrial production increasedby 1.3 percent in calendar adjusted figures. The strongest decrease came from the manufacture of industry for chemical and pharmaceutical products, while the largest increase was in the industry for non-metallic mineral products.

Mining and quarries (B) is temporarily listed as confidential, and the statistics will be published at the next publishing.

The figures for January 2017 are preliminary. Since the previous publication, the change in industrial production in December 2016 compared with November 2016 has been revised upwards by 0.4 percentage points to a decrease of 1.4 percent. The change in production in December 2016 compared with the corresponding month in the previous year has been revised upwards by 0.7 percentage points to a decrease of 0.2 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
TITLE
Jan 2017/
Dec 2016[1]
Nov-Jan 2017/
Aug-Oct 2016 [1]
jan 2017/
Jan 2016 [2]
Cumulative annual growth Jan 2017Share of
value added
2016
B+C
Mines and quarries and
manufacturing industry
2.0 2.3 1.3 1.3 100.0
-
Intermediate goods industry
1.7 3.3 6.5 6.5 38.3
-
Energy excl. section D
‑0.2 1.5 12.0 12.0 2.2
-
Capital goods industry
10.1 5.5 4.5 4.5 38.8
-
Non-durable consumer goods industry
‑13.1 ‑9.6 ‑17.6 ‑17.6 18.2
-
Durable consumer goods industry
‑4.1 0.0 ‑6.4 ‑6.4 2.5
B
Mines and quarries
.. .. .. .. 2.7
C
Manufacturing industry
1.8 2.4 1.1 1.1 97.3
10-12
Food product, beverage
and tobacco industry
2.7 ‑1.3 ‑2.4 ‑2.4 6.9
13-15
Industry for textile and leather products
4.9 5.6 15.5 15.5 0.8
16
Industry for wood and wood products
0.6 2.7 8.3 8.3 4.1
17
Industry for pulp, paper and paper products
0.6 1.6 4.9 4.9 6.3
18
Industry for printing and reproduction
of recorded media
3.8 1.4 ‑2.0 ‑2.0 1.1
19
Industry for coke and refined
petroleum products
0.5 2.1 11.8 11.8 2.2
20-21
Industry for chemicals and industry
for pharmaceutical products
‑20.4 ‑11.9 ‑21.5 ‑21.5 13.3
22
Industry for rubber and plastic products
3.4 0.1 ‑1.3 ‑1.3 2.5
23
Industry for other non-metallic mineral products
15.9 11.5 34.7 34.7 2.5
24
Industry for basic metals
‑1.0 3.7 5.4 5.4 5.4
25
Industry for manufacture of fabricated
metal products, except machinery and equipment
‑2.2 4.1 ‑0.1 ‑0.1 8.5
26
Industry for manufacture of computer,
electronic and optical products
9.9 ‑6.0 5.2 5.2 4.3
27
Industry for manufacture of electrical equipment
6.0 7.9 18.6 18.6 3.2
28
Industry for machinery and equipment n.e.c.
0.5 3.0 ‑2.5 ‑2.5 11.8
29
Industry for motor vehicles
4.9 13.4 7.9 7.9 14.0
30
Industry for other transport equipment
4.0 0.6 ‑5.2 ‑5.2 3.9
31-33
Industry for other manufacturing, repair
and installation of machinery amd equipment
1.6 1.9 9.1 9.1 6.2

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

2017-04-05 9.30

Statistical Database

More information is available in the Statistical Database

Feel free to use the facts from this statistical news but remember to state Source: Statistics Sweden.

Statistical agency and producer

Statistics Sweden, Innovation, Business sector production and Research section

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Jenny Strandell

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