Business Production Index, November 2016:
Increased business production in November
Statistical news from Statistics Sweden 2017-01-13 9.30
Production in the business sector increased by 0.4 percent in seasonally adjusted figures in November compared with October. Compared with the corresponding month of the previous year, production in the business sector increased by 2.8 percent in calendar adjusted figures.
The rise in total production was mainly driven by industry, with an increase of 1.1 percent, compared with the previous month and in seasonally adjusted figures. Construction showed the weakest development, with a decrease of 1.4 percent compared with October. Service production increased only marginally by 0.3 percent.
In the three month period from September to November 2016, production increased by 0.9 percent compared with the previous three-month period, June to August, in seasonally adjusted figures. Production in industry showed the strongest development, with an increase of 3.6 percent, while service production remained unchanged.
In calendar adjusted figures, production in the business sector increased by 2.8 percent in November compared with the corresponding month in the previous year. Construction had the strongest development, with an increase of 7.5 percent, while industrial production had the weakest development with a decrease of 0.8 percent.
The figures for November are preliminary. Since the previous publication, the change in production in October compared with September has been revised downwards by 0.1 percentage points to a decrease of 0.5 percent. The change in production in October compared with the corresponding month of the previous year has been revised downwards by 0.3 percentage points to an increase of 2.5 percent.
| Nace rev.2 | Business/Business group | Monthly develop-ment | Three month develop-ment | Yearly develop-ment | Accumul-ated yearly develop-ment | Share of value added 2015 |
|---|---|---|---|---|---|---|
| Nov / Oct[1] | Sep-Nov / Jun-Aug [1] | Nov 2016/ Nov 2015[2] | 2016[3] | |||
|
B-S excl. K and O
|
Business activities excluding finance and insurance
|
0.4 | 0.9 | 2.8 | 3.9 | 100 |
|
B-D excl. 35.2-35.3
|
Mines and quarries, manufacturing industry and electricity supply
|
1.1 | 3.6 | -0.8 | 1.1 | 26.9 |
|
F
|
Construction sector
|
-1.4 | 0.7 | 7.5 | 12.5 | 8.9 |
|
E, G-S excl. K and O
|
Service sector including water supply and waste disposal excluding finance and insurance sector
|
0.3 | 0.0 | 3.6 | 3.9 | 64.2 |
1) Working day and seasonally adjusted figures. 2) Working day adjusted figures. 3) Working day adjusted figures. The period from January to the current month compared to the same period previous year.
Definitions and explanations
From December 2012, Statistics Sweden produces monthly statistics on production in the business sector. The statistics are compiled based on requests from users. They are an important indicator of the business cycle, as business production accounts for approximately 70 percent of the gross domestic product (GDP). These statistics should be seen as experimental until further notice.
Revisions
When the Business Production Index for a new month is published, the index for previous months is also revised. This is mainly due to new and revised information that has been received. Working day adjusted figures, seasonally adjusted figures and trend figures are always revised from January 2000 onwards.
Next publishing will be
2017-02-08 at 09:30.
Statistical Database
More information is available in the Statistical Database
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