FX.co ★ Sweden Industrial Output Growth Picks Up in December

Industrial production in Sweden increased by 4.2% year-on-year in December 2025, quickening from a downwardly revised 3.1% rise in November. Growth in the manufacturing sector strengthened to 4.2%, rebounding from a six-month low of 2.3% the previous month. The acceleration was largely driven by markedly higher output of computer, electronic and optical products (30.3% vs 6.2%), electrical equipment (24.3% vs 7.3%), and chemical and pharmaceutical products (7.3% vs 2%).

By contrast, activity growth in mining and quarrying decelerated sharply to 7.3%, down from a five-month high of 26.4% in November, mainly reflecting a more moderate increase in metal ore production (7.9% vs 28.5%).

On a seasonally adjusted monthly basis, total industrial output rose by 5.1% in December, after an upwardly revised 0.3% decline in the previous month.