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Sweden Industrial Production MoM climbed to 5.4% in August 2026, released October 2026, up 8.3% from July's -2.9% reading. The print exceeded the 1.5% consensus by 3.9%. The print is running well above the 12-month average of -0.8%. Industrial Production MoM is now the highest in 13 months.
across last 12 releases
Oct 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/SEK | ▲ Direct | +0.58 | FOREX | Moves with | → View |
| USD/SEK | ▲ Direct | +0.53 | FOREX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.28 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Industrial Production MoM (Sweden) was reported at 5.4% in October 2026. This beat the market consensus of 1.5% by 3.9%. The reading rose from the previous value of -2.9%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged -0.34%, ranging from -6.6% to 5.4% across 8 releases.
The trailing three releases averaged 0.47%, up from the prior three at -0.43%. Volatility over the past year (σ 4.32%) is comparable than the prior year (σ 4.49%).
Historically, this indicator is positively correlated with EUR/SEK (Bullish EUR). A secondary relationship exists with USD/SEK, positively correlated (Bullish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 5.02%.
The next release is scheduled for November 10, 2026. Same-country events in the next 14 days include Interest Rate Decision (Nov 4).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
Industrial Production MoM (Month-over-Month) is a key economic indicator that measures the change in the total output of the manufacturing, mining, and utilities sectors within a specific country or region over a one-month period. This indicator provides valuable insights into the health and growth of the industrial sector, which is a crucial component of a country's overall economic performance. It is closely monitored by investors, policymakers, and analysts as it can impact inflation, employment, and consumer spending. A positive MoM change in industrial production indicates a growing economy, while a negative change may signal a slowdown or contraction.
Manufacturing and factory-order series capture cyclical inflection earlier than aggregate output, and have outsized influence on industrial-sector equities. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Aug 2026): actual 5.4 %, consensus 1.5 %. Prior reading (Jul 2026): -3.6 %. Before that (Jun 2026): -0.4 %.
Sigmacast's 1-month forecast points to a materially higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/SEK (Bullish EUR, r=0.58) — a useful reference for forex-focused traders.
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| Monday, October 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Producer Price Index YoY | 6.8 | 7.8 | 8.20 | Low | ||
| 06:00 | Producer Price Index MoM | 0.9 | 0.3 | 0.65 | Low | ||
| 07:00 | Producer Price Index MoM | 0.9 | 0.3 | 0.65 | Low | ||
| 07:00 | Producer Price Index YoY | 6.8 | 7.8 | 8.20 | Low | ||