Production Value Index, January 2026
Private sector production decreased in January 2026
Statistical news from Statistics Sweden 2026-03-10 8.00
Private sector production decreased by 1.0 percent in January 2025 compared with December 2025 in seasonally adjusted figures, and increased by 3.1 percent compared with January 2025 in calendar adjusted figures.
Production value in industry decreased
Production in the industry sector decreased by 5.7 percent in January compared with December, measured in seasonally adjusted figures. Compared with the corresponding month last year, production increased by 1.9 percent, measured in working day adjusted figures.
Production value in services nearly unchanged
Production in the services sector increased by 0.2 percent in January compared with December, measured in seasonally adjusted figures. Compared with January 2025, production increased by 3.1 percent, measured in working day adjusted figures.
Production value in construction decreased
Production in the construction sector decreased by 5.1 percent in January compared with December, measured in seasonally adjusted figures. Compared with January 2025, production decreased by 2.3 percent.
Development in sectors
Inventory Adjusted Production Value Index to Be Discontinued
The publication of the inventory adjusted production value index will cease after the release of the fourth quarter of 2025, which will be published in February 2026. Statistics with similar content are available in the product Quarterly economic statistics, where it is referred to as the private sector value added.
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.