FOREX TradingCharts.com

Financial News: Sweden Industrial Production Declines At A Softer Pace

Sweden Industrial Production Declines At A Softer Pace In June

08/05/2020 - 08:07:00 (RTTNews)

(RTTNews) - Sweden's industrial production decreased at a slower pace, for the third month in a row in June, data from Statistics Sweden showed on Wednesday.

Industrial production fell a calendar-adjusted 9.1 percent year-on-year in June, following a 15.7 percent decline in May.

The overall private sector output fell 8.5 percent year-on-year in June.

The largest downward contribution to total private sector development came from the motor vehicle industry, where output decreased by 16.7 percent year-on-year and contributed -0.6 percentage points.

Construction output declined 4.3 percent annually in June, while services output fell 8.4 percent.

On a month-on-month basis, industrial production grew 6.6 percent in June, following a 2.4 percent rise in the prior month.

The total private sector output rose 0.7 percent from the previous month.

Separate data from the statistical office revealed that industrial orders fell a calendar adjusted 11.9 percent annually in June.

Orders received from the domestic market decreased 9.7 percent in June, and those from foreign markets fell 12.7 percent.

On a month-on-month basis, industrial orders rose a seasonally adjusted 6.7 percent in June.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Leading Economic Index Suggests Rebound May Be Losing Stream (44 min(s), 09 sec(s) ago)
(RTTNews) - A report released by the Conference Board showed a continued increase by its reading o ...Full Story»

U.S. Consumer Sentiment Improves Much More Than Expected In September (31 min(s), 09 sec(s) ago)
(RTTNews) - After reporting an unexpected increase in U.S. consumer sentiment in the previous mont ...Full Story»

Italy Current Account Surplus Rises For First Time Since April (02 min(s), 09 sec(s) ago)
(RTTNews) - Italy's current account surplus increased for the first time in four months in Jul ...Full Story»

Croatia Jobless Rate Steady At 9% In August (31 min(s), 09 sec(s) ago)
(RTTNews) - Croatia's unemployment rate remained unchanged in August after easing in the previ ...Full Story»

Poland's Industrial Output Rises Less Than Expected (41 min(s), 09 sec(s) ago)
(RTTNews) - Poland's industrial production grew less than expected in August, data from Statis ...Full Story»

Russia's Central Bank Keeps Rate On Hold (18 min(s), 09 sec(s) ago)
(RTTNews) - Russia's central bank left its key interest rate unchanged at a record low as wide ...Full Story»

Italy's Industrial Orders Rise In July (06 min(s), 09 sec(s) ago)
(RTTNews) - Italy's industrial orders and turnover increased for the third consecutive month i ...Full Story»

Eurozone Current Account Surplus Falls In July (52 min(s), 09 sec(s) ago)
(RTTNews) - The euro area current account surplus declined in July due to a fall in primary income ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Leading Economic Index Suggests Rebound May Be Losing Stream

09/18/2020 - 10:27 AM (RTTNews)
(RTTNews) - A report released by the Conference Board showed a continued increase by its reading o ...Full Story>>

U.S. Consumer Sentiment Improves Much More Than Expected In September

09/18/2020 - 10:14 AM (RTTNews)
(RTTNews) - After reporting an unexpected increase in U.S. consumer sentiment in the previous mont ...Full Story>>

Italy Current Account Surplus Rises For First Time Since April

09/18/2020 - 09:45 AM (RTTNews)
(RTTNews) - Italy's current account surplus increased for the first time in four months in Jul ...Full Story>>

Croatia Jobless Rate Steady At 9% In August

09/18/2020 - 09:14 AM (RTTNews)
(RTTNews) - Croatia's unemployment rate remained unchanged in August after easing in the previ ...Full Story>>

Poland's Industrial Output Rises Less Than Expected

09/18/2020 - 08:24 AM (RTTNews)
(RTTNews) - Poland's industrial production grew less than expected in August, data from Statis ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.