Industrial production in Finland contracted by 3.8 percent year-on-year in May 2020, following an upwardly revised 4.1 percent drop in the previous month. On a seasonally adjusted monthly basis, industrial output shrank by 1.2 percent in May, after an upwardly revised 2.7 percent fall in April.
Industrial Production in Finland averaged 1.75 percent from 1996 until 2020, reaching an all time high of 23.70 percent in June of 2006 and a record low of -23.30 percent in May of 2009. This page provides - Finland Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Statistics Finland
Industrial Production in Finland is expected to be -16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Finland to stand at 6.50 in 12 months time. In the long-term, the Finland Industrial Production is projected to trend around 8.00 percent in 2021 and 2.50 percent in 2022, according to our econometric models.