FX.co ★ Sweden’s Industrial Output Slumps in July, Deepening Downturn Month-on-Month

Sweden’s industrial production declined sharply in July 2026, with output falling 3.6% month-on-month, according to data updated on 10 September 2026. The drop marks a significant deterioration from June 2026, when industrial production was already in negative territory, down 0.4% on the month.

The July reading underscores mounting pressure on Sweden’s industrial sector, as the pace of contraction has accelerated compared with the previous month. On a month-over-month basis, the latest figure reflects a stronger pullback in activity, with July’s decline building on June’s more modest downturn.

The data are based on a month-over-month comparison, where the current figure measures the change in July relative to June 2026, while the previous indicator captured the change in June relative to May. The deepening negative trend suggests that industrial momentum weakened considerably as the summer progressed.