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2019.08.0604:31:00UTC+00Sweden Industrial Production Falls In June

Sweden's industrial production fell for the first time in three months in June, data from Statistics Sweden showed on Tuesday.

Industrial production fell 0.7 percent year-on-year in June, after a 1.8 percent rise in May.

Output in the electricity, gas, steam and hot water industry rose 13.3 percent annually in June and construction output declined 2.0 percent.

On a monthly basis, industrial production decreased 1.1 percent, following a 0.2 percent fall in the previous month.

Separate data from Statistics Sweden showed that the industrial orders grew 7.5 percent year-on-year in June.

Orders received from the domestic market rose 2.2 percent and those of foreign market gained 11.1 percent.

On a month-on-month basis, industrial orders rose 0.2 percent in June.

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