Thursday, the Statistics Sweden announced that the industrial new orders dropped 20% year-over-year in March, compared with a 30.3% fall in February, revised from 30% decline reported initially.

On a monthly basis, industrial new orders rose 0.4% in March, after falling 3.9% in February, revised from 3.4% drop estimated initially.

In the first quarter, industrial new orders decreased 10% compared to the same period of the previous year.

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