FX.co ★ Sweden’s Industrial New Orders Growth Cools Sharply to 6.8% in December

Sweden’s industrial sector saw a marked slowdown in new orders growth in December 2025, with year-over-year expansion easing to 6.8%, down from 19.4% in November 2025. The data, updated on 10 February 2026, indicate that while orders are still rising compared with a year earlier, the pace of growth has weakened significantly.

Both the current and previous readings measure changes relative to the same month a year earlier, meaning December’s 6.8% figure reflects industrial orders compared with December of the prior year, while November’s 19.4% compared orders with November a year earlier. The sharp deceleration suggests that the strong momentum seen in November did not carry through into the end of the year, signaling a more moderate demand environment for Swedish industry as 2026 begins.