Sweden’s industrial sector saw a marked reversal in momentum at the start of 2026, as industrial new orders fell 3.9% year-over-year in January. The latest data, updated on 10 March 2026, contrasts sharply with the 6.6% annual increase recorded in December 2025.
The figures highlight a significant cooling in demand: while December’s reading showed robust growth in new orders compared with a year earlier, January’s decline indicates that order books were notably weaker than in January 2025. The data are based on year-over-year comparisons, meaning each month’s change is measured against the same month a year prior. This shift from strong positive growth to a negative reading suggests a potential turning point for Sweden’s industrial outlook early in 2026.
