FOREX TradingCharts.com

Financial News: Sweden Industrial Output Growth Slows More Than Expected

Sweden Industrial Output Growth Slows More Than Expected In July

09/06/2017 - 04:01:00 (RTTNews)

(RTTNews) - Sweden's industrial production growth eased at a faster-than-expected pace in July after accelerating in the previous two months, figures from Statistics Sweden showed Wednesday.

Industrial production rose a calendar-adjusted 5.3 percent year-over-year in July, slower than the 8.9 percent spike in June. Economists had expected the growth to slow to 6.5 percent.

The measure has been rising since September 2016.

Manufacturing production grew 5.4 percent annually in July and mining and quarrying output expanded by 5.6 percent.

Month-on-month, industrial production dropped a seasonally adjusted 0.9 percent from June, when it increased by 0.9 percent. It was forecast to drop slightly by 0.2 percent.

Another report from the statistical office showed that orders for industry rose at a slower rate of 2.1 percent yearly in July, following a 3.7 percent gain in the prior month. Monthly, orders rebounded 2.2 percent after a 1.5 percent fall in June.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Austria Production Index Climbs In July (03 min(s), 47 sec(s) ago)
(RTTNews) - Austria's production index climbed notably in July from a year ago, data from Stat ...Full Story»

Czech Economic Sentiment At 8-Month High (37 min(s), 47 sec(s) ago)
(RTTNews) - Czech economic sentiment strengthened for the third straight month in September to the ...Full Story»

Spain's Producer Price Inflation Accelerates In August (45 min(s), 47 sec(s) ago)
(RTTNews) - Spain's producer price inflation increased in August, figures from the statistical ...Full Story»

Japan Govt Maintains Economic View (01 hr(s), 10 min(s), 47 sec(s) ago)
(RTTNews) - Japan's government maintained its economic assessment for September, saying the ec ...Full Story»

Singapore Inflation Slows In August (01 hr(s), 36 min(s), 47 sec(s) ago)
(RTTNews) - Singapore inflation eased in August on weak private road transport costs, data from th ...Full Story»

Finland PPI Inflation Rises Slightly In August (01 hr(s), 40 min(s), 47 sec(s) ago)
(RTTNews) - Finland's producer price inflation accelerated for the second straight month in Au ...Full Story»

Japan Leading Index Falls Less Than Estimated In July (02 hr(s), 49 min(s), 47 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than initially estimated in July, latest data ...Full Story»

European Economics Preview: Germany's Ifo Business Confidence Data Due (03 hr(s), 28 min(s), 47 sec(s) ago)
(RTTNews) - Business sentiment from Germany is due on Monday, headlining a light day for the Europ ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Austria Production Index Climbs In July

09/25/2017 - 03:58 AM (RTTNews)
(RTTNews) - Austria's production index climbed notably in July from a year ago, data from Stat ...Full Story>>

Czech Economic Sentiment At 8-Month High

09/25/2017 - 03:24 AM (RTTNews)
(RTTNews) - Czech economic sentiment strengthened for the third straight month in September to the ...Full Story>>

Spain's Producer Price Inflation Accelerates In August

09/25/2017 - 03:16 AM (RTTNews)
(RTTNews) - Spain's producer price inflation increased in August, figures from the statistical ...Full Story>>

Japan Govt Maintains Economic View

09/25/2017 - 02:51 AM (RTTNews)
(RTTNews) - Japan's government maintained its economic assessment for September, saying the ec ...Full Story>>

Singapore Inflation Slows In August

09/25/2017 - 02:25 AM (RTTNews)
(RTTNews) - Singapore inflation eased in August on weak private road transport costs, data from th ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.