Production: Mining: Total for Sweden
Index 2015=100, Quarterly, Seasonally Adjusted
SWEPRMITO01IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.95
Year-over-Year Change
-13.62%
Date Range
1/1/2000 - 7/1/2023
Summary
The Index 2015=100, Quarterly, Seasonally Adjusted trend measures the overall performance of the Swedish manufacturing industry. It is a key indicator used by economists and policymakers to gauge the health of the Swedish economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks changes in the output volume of the Swedish manufacturing sector on a quarterly basis, with 2015 as the base year. It is a widely followed economic indicator that provides insights into the production activities and efficiency of Sweden's industrial base.
Methodology
The data is collected through surveys of manufacturing companies and compiled by Statistics Sweden.
Historical Context
This index is closely monitored by the Swedish government, central bank, and international institutions to inform economic policy decisions.
Key Facts
- The index uses 2015 as the base year with a value of 100.
- It is published on a quarterly basis by Statistics Sweden.
- The index tracks changes in the overall volume of manufacturing production.
FAQs
Q: What does this economic trend measure?
A: This index measures the overall performance and output volume of the Swedish manufacturing industry on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Swedish manufacturing index is a key indicator of the health and productivity of the country's industrial sector, which is crucial for the broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies and compiled by Statistics Sweden.
Q: How is this trend used in economic policy?
A: The Swedish manufacturing index is closely monitored by the government, central bank, and international institutions to inform economic policy decisions and assess the overall state of the Swedish economy.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a typical release schedule and no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly, Seasonally Adjusted (SWEPRMITO01IXOBSAQ), retrieved from FRED.