Sweden’s total industrial orders fell 0.5% year-on-year in July 2026, reversing a 29.5% increase in June and marking the smallest growth since July 2023. The decline was led by orders for intermediate goods which declined sharply to 5.8% from 30.3% rise in the previous month. Energy-related goods excluding durable goods also declined, which fell 18.9% (vs. -10.9% in June), and durable consumer goods, which decreased 8.7% (vs. -3.8%). Meanwhile, capital goods orders increased 0.3% (vs. 51.8%). Orders for non-durable consumer goods rose 12.0%, accelerating from 0.4% in June. On a monthly basis, total orders declined by 24.1%, reversing a 32.3% rise in June. For the January–July period, total orders were 3.6% higher than the corresponding period a year ago, as export market has increased while the domestic market has decreased.