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Sweden Industrial Production MoM fell to 0.2% in May 2026, released July 2026, down 4.0% from April's 4.2% reading. The print exceeded the -2.0% consensus by 2.2%. Industrial Production MoM has now risen for 3 consecutive months. Industrial Production MoM is now the highest in 6 months.
across last 12 releases
Jul 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/SEK | ▲ Direct | +0.79 | FOREX | Moves with | → View |
| USD/SEK | ▲ Direct | +0.61 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.41 | COMMODITIES | Moves against | → View |
| BTC/USD | ▼ Inverse | −0.32 | CRYPTO | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Industrial Production MoM (Sweden) was reported at 0.2% in July 2026. This beat the market consensus of -2% by 2.2%. The reading fell from the previous value of 4.2%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged -0.33%, ranging from -6.6% to 6.5% across 7 releases.
The trailing three releases averaged -0.43%, up from the prior three at -2.5%. Volatility over the past year (σ 4.95%) is higher than the prior year (σ 3.35%).
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 4.58%.
The next release is scheduled for August 10, 2026. Same-country events in the next 14 days include CPI YoY (Aug 6) and CPI MoM (Aug 6).
Auto-generated from current model state · Refreshes on each release · Last update July 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 (May 2026): actual 0.2 %, consensus -2 %. Prior reading (Apr 2026): 4.2 %. Before that (Mar 2026): -2 %.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook diverging from that direction. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/SEK (Bullish EUR, r=0.79) — a useful reference for forex-focused traders.
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
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| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | Retail Sales YoY | 6.6 | 8.1 | 5.1 | 5.85 | Low | |
| 06:00 | Retail Sales MoM | 1 | -0.1 | 0.4 | 0.70 | Low | |
| 07:00 | Economic Tendency Indicator | 104.7 | 102.1 | 101.1 | 102.90 | Low | |
| 07:00 | Consumer Confidence | 97.1 | 94.2 | 93 | 95.05 | Low | |
| 07:00 | Business Confidence | 106.3 | 104.1 | 103 | 104.65 | Low | |
| 07:00 | Consumer Inflation Expectation | 5.7 | 5.8 | 5.4 | 5.55 | Low | |