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Sold production of metal furniture for offices in Sweden declines in 2016

According to data issued by European Commission, office furniture sold production decreased by 23.24 percent in comparison with the previous year. The variable declined from 45 968 784 Euro to 35 286 676 Euro, in comparison to the prior year when it went up by 9.25%. It reveals the all-time low since 2011. The overall changes for the previous 6 years attained a decrease of 31.82%. Besides, it has had a negative compound average annual growth rate of 0.08% over the five years with a marginal overall fall since the start of observations. It averaged 45 846 663.33 Euro from 2011 to 2016 and it hit its maximum of 53 765 352 Euro in 2012.

Sold production of metal furniture for offices in Sweden declines in 2016
Date Euro Variation
2016 35 286 676.00 -23.24
2015 45 968 784.00 9.25
2014 42 077 704.00 -8.98
2013 46 227 936.00 -14.02
2012 53 765 352.00 3.89
2011 51 753 528.00 N/A

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