Wednesday, a report by Statistics Sweden said the rate of capacity utilization in the manufacturing and mining industries dropped to 78.1% in the first quarter from 83.1% in the fourth quarter. Last year, in the first quarter, the utilization rate stood at 91.4%
During the first quarter, the capacity utilization rate in the manufacturing industry declined to 78.1% from 83% in the previous quarter, while it decreased to 77% from 88% in the mining and quarrying industry.
Among the main industrial groups, capacity utilization for the intermediate goods industry decreased to 77.2% from 81.6% in the fourth quarter, and fell to 77.5% from 84.9% for the capital goods industry. In the durable consumer goods industry, the capacity utilization dropped to 79.8% from 81.4% in the fourth quarter. However, the rate improved to 85.4% from 85% in fourth quarter for the non-durable consumer goods industry.
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