Industrial inventories in Sweden decreased by SEK 5.73 billion in the fourth quarter of 2025, reversing sharply from a downwardly revised SEK 2.75 billion increase in the previous quarter and marking the steepest drop since the second quarter of 2021. Inventories among manufacturers also fell significantly by SEK 5.03 billion, compared with a SEK 1.97 billion advance in the previous quarter, particularly in food, beverages, and tobacco products; basic metals and fabricated metal products (excluding machinery and equipment); electrical equipment; and other transport equipment. At the same time, stocks held by miners declined by SEK 0.70 billion, following a SEK 0.78 billion rise in the third quarter.
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Swedish Industrial Inventories Fall the Most Since 2021
Industrial inventories in Sweden decreased by SEK 5.73 billion in the fourth quarter of 2025, reversing sharply from a downwardly revised SEK 2.75 billion increase in the previous quarter and marking the steepest drop since the second quarter of 2021. Inventories among manufacturers also fell significantly by SEK 5.03 billion, compared with a SEK 1.97 billion advance in the previous quarter, particularly in food, beverages, and tobacco products; basic metals and fabricated metal products (excluding machinery and equipment); electrical equipment; and other transport equipment. At the same time, stocks held by miners declined by SEK 0.70 billion, following a SEK 0.78 billion rise in the third quarter.