New orders for Swedish industries decreased

Tuesday, 10 April 2012
New orders for Swedish industry decreased by 5.5 percent in seasonally adjusted figures in February compared to January.

When comparing February of this year and the same month of the previous year, new orders decreased by 8.3 percent in working day adjusted figures according to statistic Sweden.

According to underlying data the development this month is due to uncertain estimates. New orders are partly estimated by using information on deliveries, for which a large share of the decrease appears to be temporary. In most industry sub-sectors new orders decreased in February compared to January. During the last three-month period (December 2011-February 2012) new orders in total increased by 0.9 percent compared to the previous three-month-period.

New orders from the domestic market decreased by 1.1 percent in February compared to January. During the last three-month period new orders increased by 1.0 percent compared to the previous three-month period.

New orders from the export market decreased by 8.5 percent in February compared to January. During the last three-month period new orders increased by 1.0 percent compared to the previous three-month period.
News source: Statistic Sweden

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