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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Industrial Inventories QoQ climbed to 11.67K in Q1 2026
FMPMonthlyReleased May 2026
Sweden Industrial Inventories QoQ climbed to 11.67K in Q1 2026, released May 2026, up 16.69K from December's -5.02K reading. The print exceeded the -1.4K consensus by 13.07K. The print is running well above the 12-month average of -0.33K. Industrial Inventories QoQ is now the highest in 100 months.
Latest Release
11.67
Actual
-1.4
Consensus
-5.02
Previous
Median Absolute Error
±4.26 thousand
across last 11 releases
Last Call
May 2026
Predicted: -1.4
Actual: 11.67
Error: -13.07
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/SEK | ▼ Inverse | −0.50 | FOREX | Bullish SEK | → View |
| USD/SEK | ▼ Inverse | −0.45 | FOREX | Bullish SEK | → View |
| EUR/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| DAX | ▲ Direct | +0.35 | INDEX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Inventories QoQ (Sweden) was reported at 12 thousand in May 2026. This beat the market consensus of -1 thousand by 13 thousand. The reading rose from the previous value of -5 thousand. Trailing 12-month context per ETL data through May 2026.
WHY IT MATTERS
The trailing three releases averaged 3 thousand, up from the prior three at 2 thousand. In May readings over the past 3 years, Industrial Inventories QoQ has averaged 5 thousand.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with EUR/SEK (Bullish SEK). A secondary relationship exists with USD/SEK, negatively correlated (Bullish SEK). Over the last 11 releases, the Sigmacast model's median absolute error is 4 thousand.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Riksbank Rate Decision (Jun 17) and Interest Rate Decision (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Industrial Inventories QoQ - SE
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About Industrial Inventories QoQ — Sweden
DEFINITION
Industrial Inventories QoQ (Quarter-over-Quarter) is a financial indicator that measures the change in the amount of goods and materials held in inventory by industrial companies over a period of three months. It provides insight into the level of production and demand within the industrial sector, as well as the efficiency of inventory management. This indicator is closely monitored by investors and analysts as it can impact the overall performance and profitability of industrial companies. A positive change in industrial inventories QoQ may indicate strong demand and potential for future growth, while a negative change may suggest a slowdown in production and potential challenges for the industry.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2026): actual 11.67 K, consensus -1.4 K. Prior reading (Oct 2025): -5.73 K. Before that (Jul 2025): 3.46 K.
WHAT'S NEXT
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 SEK, r=-0.50) — a useful reference for forex-focused traders.