STOCKHOLM, SWEDEN / RankWire.AI / – In June, Sweden’s industrial production decreased by 1.5% compared to the same month last year, according to official data. Additionally, after seasonal adjustment, output fell by 0.4% from May. Statistics Sweden reported that the Industrial Production Value Index stood at 112.4, down from 112.9 in May. This June figure reflects a revision from the previous month’s revised 7.6% annual increase, marking a clear shift away from the strong yearly gains seen earlier.
Looking at manufacturing, output slid 1.0% from June 2025 and also declined 0.4% from May. Mining and quarrying experienced a more pronounced drop, decreasing 13.8% year on year. That segment’s output also fell 3.3% compared to May. Industry holds a 20.2% share of Sweden’s overall private-sector production index, with manufacturing making up the majority, accounting for 19.4 percentage points of the total.
Despite the decline in June, industrial production averaged higher during the second quarter. From April through June, output grew by 4.0% compared to the same period in 2025. When seasonally adjusted, production increased by 4.8% from the previous three months. Moreover, Sweden’s overall private-sector production expanded in June, rising 0.4% from May and 1.8% on an annual basis.
Private-sector activity shows annual growth despite monthly dip
In June, services production declined slightly by 0.2% from May but remained 3.0% higher than the same month in 2025. Construction activity experienced a 2.0% increase month-on-month and was up 7.6% year-over-year. The services index stood at 111.9, compared to 112.1 in May, while the construction index rose from 93.0 to 94.9. Services constitute 67.2% of the broader production measure, with construction representing 8.4%.
Meanwhile, data from Statistics Sweden indicated a remarkable surge in new industrial orders for June. Overall orders increased by 32.3% from May after seasonal adjustment and were 29.9% higher than in June 2025 on a calendar-adjusted basis. Export orders saw the largest jump, rising 56.5% from May and 57.6% compared to last year. Domestic orders remained nearly unchanged month-on-month but decreased by 7.4% on an annual basis.
Transport equipment leads the rise in export orders
Transport equipment experienced the strongest growth among key industrial order categories. Orders in this sector increased by 101.0% from May and 118.2% from June 2025. Manufacturing orders grew 33.2% on a monthly basis and 31.2% year-over-year. Capital-goods orders also rose significantly, up 45.5% from May and 50.7% annually. In contrast, mining and quarrying orders fell 1.8% month-on-month and 19.0% compared to the previous year.
For the first half of 2026, total industrial orders were 4.0% higher than during the same period in 2025. Export orders during this timeframe increased by 6.6%. It is important to note that production and order indicators evaluate different facets of industrial activity. The Production Value Index measures output changes at constant prices, while the orders series reflects new demand from both domestic and international clients. Initial monthly figures may be revised as additional data becomes available.