Industrial production in Sweden declined by 3.7% year-on-year in September 2026, reversing a slightly downwardly revised 5.7% increase in August. The overall contraction was mainly driven by weaker output in both mining and manufacturing, which fell by 5.2% (vs -7.2% in August) and 3.7% (vs 6.5%), respectively.
In the mining sector, production at metal ore mines decreased by 8.7%, following a 14.9% drop in the previous month, while growth in other mining and quarrying activities slowed sharply to 4.6% from 45%. Within manufacturing, the steepest declines were recorded in the chemical and chemical products industry (-14.9% vs 16.8%), the manufacture of coke and refined petroleum products (-7% vs -22.6%), the transport equipment industry (-6% vs 3.6%), and the rubber and plastic products industry (-5.9% vs -4.6%).
On a seasonally adjusted monthly basis, industrial output fell by 3.2% in September, retreating from an upwardly revised 6.0% increase in the previous month.
