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Total orders received by Swedish industries fell by 1.0% year-on-year in October 2024, sharply moderating from a downwardly revised 5.4% decline in the previous month. Orders from the domestic market shrank at a softer rate (-5.5% vs 12.4% in September). On the other hand, overseas demand grew by 2.7% after edging lower by 0.1% previously. On a seasonally adjusted monthly basis, new orders rose by 1.0%, partly recovering from a 3.8% decline in September.