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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SwedenSweden Industrial Production MoM climbed to 5.4% in August 2026
FMPMonthlyReleased October 2026
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.
Latest Release
5.4
Actual
1.5
Consensus
-2.9
Previous
Median Absolute Error
±5.02 percentage points
across last 12 releases
Last Call
Oct 2026
Predicted: 0.58
Actual: 5.4
Error: -4.83
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
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.
WHY IT MATTERS
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%).
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 5.02%.
WHAT TO WATCH NEXT
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.
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Industrial Production MoM - SE
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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 (Aug 2026): actual 5.4 %, consensus 1.5 %. Prior reading (Jul 2026): -3.6 %. Before that (Jun 2026): -0.4 %.
WHAT'S NEXT
This indicator correlates most strongly with EUR/SEK (Bullish EUR, r=0.58) — a useful reference for forex-focused traders.
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EXPECTED ZONE
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Economic Calendar - SE Events
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 07:00 | SE | Retail Sales YoY | 5.5 | 7.2 | 5.8 | 5.65 | Low |
| 07:00 | SE | GDP Growth Rate QoQ | 0.4 | 1.6 | 0.3 | 0.35 | Low |
| 07:00 | SE | GDP Growth Rate YoY | 2.8 | 3.3 | 2.9 | 2.85 | Low |
| 07:00 | SE | Gross Domestic Product MoM | -0.7 | 1.2 | 0.3 | -0.20 | Low |
| 07:00 | SE | Retail Sales MoM | -0.4 | 0.9 | 0.3 | -0.05 | Low |
| 07:00 | SE | Business Confidence | 110.7 | 109.2 | 108.5 | 109.60 | Low |
| 07:00 | SE | Economic Tendency Indicator | 108.1 | 107.2 | 106.4 | 107.25 | Low |
| 07:00 | SE | Consumer Confidence | 94.3 | 102.3 | 101.5 | 97.90 | Low |
| 07:00 | SE | Consumer Inflation Expectation | 7.7 | 6.3 | 6.4 | 7.05 | Low |