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Industrial production index, August 2017:

Decreased industrial production in August

Statistical news from Statistics Sweden 2017-10-05 9.30

Industrial production decreased by 1.7 percent in August 2017 compared with July in seasonally adjusted figures. Compared with August 2016, industrial production increased by 7.3 percent in calendar adjusted figures.

This is the last time a statistical news article will be published for Industrial Production Index. From the next publication onward, Industrial Production Index will only be updated in the Statistical Database. Subscribers will thus no longer receive messages when new statistics are available.

Statistics Sweden will publish Production Value Index from 2017-11-06, the purpose of which is to measure the total private sector production in Sweden. The production in industry are included in Production Value Index.

Among the industry sub-sectors, the largest increase compared with the previous month was found in the electronics industry, while the largest decrease was in the industry for fabricated metal products. In the last three-month period, June–August 2017, industrial production increased by 0.8 percent compared with the previous three-month period, March–May 2017, in seasonally adjusted figures.

Compared with August in the previous year, industrial production increased by 7.3 percent in calendar adjusted figures. On an annual basis, a majority of the industry’s sub-sectors showed a positive development. The strongest increase was seen in the motor vehicle industry, which increased by 39.4 percent.

The figures for August 2017 are preliminary. Since the previous publication, the change in industrial production in July compared with June have been revised downwards by 0.2 percentage points to a decrease of 1.1 percent. The change in production in July compared with the corresponding month in the previous year has been revised downwards by 0.1 percentage points to an increase of 5.2 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 TITLEAug/
Jul 2017 [1]
Jun–Aug 2017/
Mar–May 2017 [1]
Aug 2017/
Aug 2016 [2]
Cumulative
annual
growth
Aug. 2017
Share of
value
added
2016
B+C
Mines and quarries and manufacturing industry
‑1.7 0.8 7.3 5.2 100.0
-
Intermediate goods industry
‑0.9 ‑0.9 8.3 5.1 38.3
-
Energy excl. section D
‑0.5 27.1 22.4 4.7 2.2
-
Capital goods industry
0.0 2.1 16.8 9.0 38.8
-
Non-durable consumer goods industry
‑6.7 ‑2.3 ‑10.0 ‑0.8 18.2
-
Durable consumer goods industry
‑2.1 ‑7.2 ‑8.9 ‑5.8 2.5
B
Mines and quarries
‑0.3 ‑1.0 8.4 8.9 2.7
C
Manufacturing industry
‑1.9 0.9 7.4 5.0 97.3
10-12
Food product, beverage and tobacco industry
0.2 ‑0.6 1.6 ‑0.1 6.9
13-15
Industry for textile and leather products
‑10.7 4.4 4.4 3.5 0.8
16
Industry for wood and wood products
1.6 0.7 11.4 5.6 4.1
17
Industry for pulp, paper and paper products
2.3 0.9 6.0 3.9 6.3
18
Industry for printing and reproduction of recorded media
1.0 9.7 20.3 4.3 1.1
19
Industry for coke and refined petroleum products
‑0.6 28.5 22.4 4.7 2.2
20-21
Industry for chemicals and industry for pharmaceutical products
‑7.5 ‑4.0 ‑13.4 0.8 13.3
22
Industry for rubber and plastic products
‑4.4 3.4 10.8 4.9 2.5
23
Industry for other non-metallic mineral products
‑1.7 ‑6.6 11.6 11.0 2.5
24
Industry for basic metals
1.4 ‑2.4 ‑0.8 0.4 5.4
25
Industry for manufacture of fabricated metal products, except machinery and equipment
‑15.0 3.1 18.5 7.6 8.5
26
Industry for manufacture of computer, electronic and optical products
5.8 ‑5.7 ‑10.8 ‑2.8 4.3
27
Industry for manufacture of electrical equipment
‑1.0 ‑3.8 4.6 4.4 3.2
28
Industry for machinery and equipment n.e.c.
‑0.7 ‑1.4 7.6 5.9 11.8
29
Industry for motor vehicles
‑2.8 4.1 39.4 15.6 14.0
30
Industry for other transport equipment
‑3.4 2.2 6.4 0.6 3.9
31-33
Industry for other manufacturing, repair and installation of machinery and equipment
‑4.7 ‑0.1 6.0 4.9 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

2017-11-06 at 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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pin@scb.se

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Anton Hammarstedt

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+46 10 479 42 28
E-mail
anton.hammarstedt@scb.se