Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Industrial Production MoM fell to -3.6% in July 2026
FMPMonthlyReleased September 2026
Sweden Industrial Production MoM fell to -3.6% in July 2026, released September 2026, down 2.9% from June's -0.7% reading. The reading missed the 0.3% consensus by 3.9%. Industrial Production MoM has now declined for 3 consecutive months. The reading is in the 30th percentile of the trailing 24-month range.
Latest Release
-3.6
Actual
0.3
Consensus
-0.7
Previous
Median Absolute Error
±4.86 percentage points
across last 12 releases
Last Call
Sep 2026
Predicted: 0.9
Actual: -3.6
Error: +4.5
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| EUR/SEK | ▲ Direct | +0.74 | FOREX | Moves with | → View |
| USD/SEK | ▲ Direct | +0.69 | FOREX | Moves with | → View |
| XAU/USD | ▼ Inverse | −0.55 | COMMODITIES | Moves against | → View |
| Euro STOXX 50 | ▼ Inverse | −0.27 | INDEX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Industrial Production MoM (Sweden) was reported at -3.6% in September 2026. This missed the market consensus of 0.3% by 3.9%. The reading fell from the previous value of -0.7%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged -1.16%, ranging from -6.6% to 4.2% across 7 releases.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -1.27%, up from the prior three at -2.7%. Volatility over the past year (σ 4%) is comparable than the prior year (σ 4.24%). In September readings over the past 3 years, Industrial Production MoM has averaged -2.23%.
THE MODEL'S TAKE
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 4.86%.
WHAT TO WATCH NEXT
The next release is scheduled for October 9, 2026. Same-country events in the next 14 days include Interest Rate Decision (Sep 24).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
Industrial Production MoM - SE
Loading chart data...
About Industrial Production MoM — Sweden
DEFINITION
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.
WHY THIS INDICATOR MATTERS
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.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual -3.6 %, consensus 0.3 %. Prior reading (Jun 2026): -0.4 %. Before that (May 2026): 0.2 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with EUR/SEK (Bullish EUR, r=0.74) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - SE Events
| Monday, September 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | SE | Inflation Rate MoM | -0.3 | -0.3 | -0.3 | -0.30 | Low |
| 06:00 | SE | CPIF MoM | -0.3 | -0.3 | -0.3 | -0.30 | Low |
| 06:00 | SE | CPIF YoY | 0.7 | 0.7 | 0.7 | 0.70 | Low |
| 06:00 | SE | Inflation Rate YoY | 0.3 | 0.2 | 0.3 | 0.30 | Low |
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 06:00 | SE | Employed Persons | 5.507 | 5.4 | 5.40 | Low | |
| 06:00 | SE | Unemployment Rate | 7.8 | 8.2 | 8.20 | Low | |
| 06:00 | SE | Household Consumption MoM | 1.6 | -0.9 | -0.90 | Low | |
| 06:00 | SE | Household Consumption YoY | 4.3 | 3.7 | 3.70 | Low | |