STOCKHOLM (dpa-AFX) - Sweden's industrial production declined further in September, data from Statistics Sweden showed on Thursday.
Industrial production fell a calendar-adjusted 2.6 percent year-on-year in September, following a 0.4 percent decline in August.
The overall private sector output fell 3.7 percent year-on-year in September, following a 4.1 percent decrease in the previous month.
The largest downward contribution to total private sector development came from machinery and equipment industry where output fell 5.8 percent year-on-year in September.
Services output fell 4.3 percent yearly in September.
On a month-on-month basis, industrial production decreased 2.6 percent in September, after a 6.6 percent rise in the prior month.
The total private sector output rose 0.4 percent from the previous month.
Manufacturing output fell 2.3 percent monthly in September, after a 7.1 percent increase in the previous month.
Separate data from the statistical office revealed that a calendar adjusted industrial orders fell 0.3 annually in September.
Orders received from the domestic market increased 1.0 percent in September, while those from foreign markets fell 0.8 percent.
On a month-on-month basis, industrial orders rose a seasonally adjusted 0.3 percent in September.
Copyright RTT News/dpa-AFX
© 2020 AFX News
