Industrial Production Index, May 2017:
Industrial production increased in May
Statistical news from Statistics Sweden 2017-07-05 9.30
Industrial production increased by 2.1 percent in May 2017 compared with April in seasonally adjusted figures. Compared with May 2016, industrial production increased by 8.0 percent in calendar adjusted figures.
Among the industry sub-sectors, the largest increase compared with the previous month was in the industry for petroleum products. This increase is largely due to a revision of the previous month’s figures. Thereafter, the motor vehicle industry showed the largest increase, while the largest decrease was seen in the industry for non-metallic mineral products. In the last three-month period, March to May 2017, industrial production increased by 1.3 percent compared with the previous three-month period, December 2016 to February 2017, in seasonally adjusted figures.
Compared with May in the previous year, industrial production increased by 8.0 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.
The figures for May 2017 are preliminary. Since the previous publication, the change in industrial production in April compared with March has been revised upwards by 1.1 percentage points to a decrease of 1.3 percent. The change in production in April compared with the corresponding month in the previous year has been revised downwards by 0.4 percentage points to an increase of 0.4 percent.
It is relevant to analyse the seasonal and calendar adjustments for a better understanding of the statistics.
| NACE 2007 | INDUSTRY TITLE | May / Apr 2017 [1] | Mar - May 2017 / Dec 2016 - Feb 2017 [1] | May 2017 / May 2016 [2] | Cumulative annual growth May 2017 | Share of value added 2016 |
|---|---|---|---|---|---|---|
|
B+C
|
Mines and quarries and manufacturing industry
|
2.1 | 1.3 | 8.0 | 4.1 | 100.0 |
|
-
|
Intermediate goods industry
|
2.6 | 3.3 | 9.1 | 5.9 | 38.3 |
|
-
|
Energy excl. section D
|
64.4 | ‑15.8 | 8.3 | ‑4.7 | 2.2 |
|
-
|
Capital goods industry
|
0.4 | 2.1 | 10.2 | 6.3 | 38.8 |
|
-
|
Non-durable consumer goods industry
|
3.5 | 1.6 | 4.2 | ‑1.6 | 18.2 |
|
-
|
Durable consumer goods industry
|
3.5 | ‑3.6 | ‑10.5 | ‑6.1 | 2.5 |
|
B
|
Mines and quarries
|
1.4 | 2.4 | 15.5 | 10.9 | 2.7 |
|
C
|
Manufacturing industry
|
2.8 | 0.9 | 7.7 | 3.9 | 97.3 |
|
10-12
|
Food product, beverage and tobacco industry
|
‑0.5 | 2.1 | 3.7 | ‑0.5 | 6.9 |
|
13-15
|
Industry for textile and leather products
|
2.5 | 3.1 | 10.1 | 6.2 | 0.8 |
|
16
|
Industry for wood and wood products
|
2.4 | 1.9 | 8.6 | 6.0 | 4.1 |
|
17
|
Industry for pulp, paper and paper products
|
3.7 | 2.8 | 8.4 | 5.4 | 6.3 |
|
18
|
Industry for printing and reproduction of recorded media
|
‑4.4 | 8.3 | 5.5 | ‑0.4 | 1.1 |
|
19
|
Industry for coke and refined petroleum products
|
65.8 | ‑17.6 | 8.5 | ‑4.7 | 2.2 |
|
20-21
|
Industry for chemicals and industry for pharmaceutical products
|
4.2 | 1.3 | 5.3 | 0.1 | 13.3 |
|
22
|
Industry for rubber and plastic products
|
3.2 | 4.9 | 9.6 | 4.0 | 2.5 |
|
23
|
Industry for other non-metallic mineral products
|
‑6.7 | ‑1.5 | 7.8 | 15.0 | 2.5 |
|
24
|
Industry for basic metals
|
3.7 | 0.9 | 5.6 | 2.2 | 5.4 |
|
25
|
Industry for manufacture of fabricated metal products, except machinery and equipment
|
0.7 | 6.5 | 15.6 | 7.1 | 8.5 |
|
26
|
Industry for manufacture of computer, electronic and optical products
|
‑0.8 | 1.4 | 2.3 | ‑2.6 | 4.3 |
|
27
|
Industry for manufacture of electrical equipment
|
0.8 | 0.2 | 6.3 | 5.3 | 3.2 |
|
28
|
Industry for machinery and equipment n.e.c.
|
‑1.5 | 5.0 | 5.7 | 3.1 | 11.8 |
|
29
|
Industry for motor vehicles
|
5.3 | ‑1.5 | 18.9 | 11.1 | 14.0 |
|
30
|
Industry for other transport equipment
|
‑2.5 | 0.7 | ‑1.7 | ‑1.1 | 3.9 |
|
31-33
|
Industry for other manufacturing, repair and installation of machinery and equipment
|
‑2.1 | 2.0 | ‑0.1 | 3.2 | 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
2017-08-10 9.30
Statistical Database
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