FX.co ★ Sweden’s Industrial Output Swings Sharply Into Decline in January

Sweden’s industrial production posted a steep reversal at the start of 2026, with output falling 5.7% month-over-month in January, according to data updated on 10 March 2026. This marks a sharp contrast to December 2025, when industrial production had risen 5.1% compared with November.

The figures highlight pronounced volatility in Sweden’s industrial sector on a month-to-month basis. While December’s strong expansion suggested momentum heading into year-end, the January data indicate a sudden weakening, as the sector moved from robust growth to a significant contraction in just one month. The comparison is based on month-over-month changes, meaning each reading reflects how industrial activity has shifted relative to the immediately preceding month.