Production Value Index, April 2026
Private sector production increased in April 2026
Statistical news from Statistics Sweden 2026-06-10 8.00
Private sector production increased by 1.7 percent in April 2026 compared with March 2026 in seasonally adjusted figures, and increased by 4.1 percent compared with April 2025 in calendar adjusted figures.
Production value in industry increased
Production in the industry sector increased by 4.2 percent in April compared with March, measured in seasonally adjusted figures. Compared with the corresponding month last year, production increased by 7.1 percent, measured in working day adjusted figures.
Production value in services increased
Production in the services sector increased by 0.5 percent in April compared with March, measured in seasonally adjusted figures. Compared with April 2025, production increased by 3.9 percent, measured in working day adjusted figures.
Production value in construction decreased
Production in the construction sector decreased by 1.0 percent in April compared with March, measured in seasonally adjusted figures. Compared with April 2025, production increased by 2.3 percent, measured in working day adjusted figures.
Development in sectors
New method for collecting turnover data in service industries
From April 2026, monthly calculated turnover data based on companies’ VAT returns to the Swedish Tax Agency (hereafter referred to as VAT data) will be used for small and medium-sized enterprises in the service industries (SNI 36–96). This change is part of Statistics Sweden’s (SCB) efforts to streamline statistical production, increase the use of administrative data, and reduce the reporting burden for businesses. In total, it is estimated that nearly 4,000 companies in the service industries will no longer need to report turnover data each month.
For larger companies, turnover data will continue to be collected directly from the businesses. The reason is that VAT data in these cases often does not provide a sufficiently accurate representation of companies’ turnover.
VAT data will not be used in the industries SNI 68 (real estate activities), 85–88 (education and health and social care), and 92 (gambling and betting). The reason is that the consistency between VAT data and actual turnover is insufficient, partly because some activities in these industries are exempt from VAT.
Consequences for the published statistics
The change is expected to lead to improved quality in the estimates of turnover and production within the service industries. An important effect of using VAT data is that sampling error decreases, since the statistics are based on a full enumeration of all companies in the sampling frame.
At the same time, problems with extreme values (outliers) are expected to largely disappear, as the expansion factors will be close to one. This contributes to more stable estimates.
However, there is a potential risk that other types of errors, so-called non-sampling errors, may become more significant than before.
Inventory Adjusted Production Value Index Discontinued
Remarks
In addition to the industry, services and construction sectors, industries D (electricity, gas, steam and hot water plants) and E (waterworks; sewage plants; waste-disposal plants) also impact private sector production. The development for these industries can be seen in the tables on the product page. Please note that data series are seasonally and calender adjusted individually. This means that a seasonally or calender adjusted figure for an aggregate may differ from a weighted mean of the corresponding figures for included sectors.
Revisions
When the Production Value Index is published for a new month, the indices for the two previous months are also revised, if new information has been added. Administrative data from the Swedish Tax Agency is used quarterly to increase the number of companies that are examined. This means that definitive quarterly statistics are based on a calculation on all the companies in the population. Administrative data is used every quarter to improve the quality of the Production Value Index and reduce the response burden. Normally, the material is revised between two and four months backwards, depending on when in the quarter the reference month falls. In connection with the publication of the first and second months in a quarter, the entire previous quarter is revised. The series, corrected for calendar and seasonal effects and trend estimates, is always revised from January 2010 and forward. Information regarding major revisions will be published in the Statistical Database.
Definitions and explanations
The private sector production here refers to NACE sections B-S (excl. K, O).
The industry sector here refers to NACE sections B+C.
The service sector here refers to NACE sections G-S (excl. K,O).
The construction sector here refers to NACE section F
The Production Value Index (PVI) describes developments in the private sector production of goods and services each month. Production value is a measure used to calculate the GDP that includes net turnover from industry and service production, and the trade margin (revenue from sales minus costs of retail goods).
The PVI has been produced since the reference month November 2017 and replaces the Business Production Index.
Changes for users retrieving information with the help of an API
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