In February 2025, total orders for Swedish industry experienced a year-on-year increase of 2.5%, a significant slowdown from the upwardly revised 16.9% growth observed in January. This represents the most modest expansion in total demand over four periods. The tempered growth can largely be attributed to foreign orders, which increased at a more subdued rate of 6.0% compared to January’s 30.4% surge. Meanwhile, domestic demand continued on a downward trend, declining by 3.5%, which is a further decrease from the 2.0% fall recorded previously. On a seasonally adjusted basis, new orders saw a monthly decline of 6.2%, reversing the previous period’s 2.6% increase.