Industrial production in Finland increased by 0.6 percent year-on-year in December 2019, the least since a 0.3 percent decline in May and following a downwardly revised 1.7 percent gain in the previous month. On a seasonally adjusted monthly basis, industrial output rose 0.3 percent in December, after a 0.2 percent gain November. Finland Industrial Production - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Industrial Production in Finland averaged 1.81 percent from 1996 until 2019, 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. source: Statistics Finland

Industrial Production in Finland is expected to be 1.90 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 1.80 in 12 months time. In the long-term, the Finland Industrial Production is projected to trend around 1.20 percent in 2021 and 1.80 percent in 2022, according to our econometric models.


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Finland Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
0.60 1.70 23.70 -23.30 1996 - 2019 percent Monthly
2015=100, WDA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-08 06:00 AM Sep 0.3% 4.7% 3.6%
2019-12-10 06:00 AM Oct 1.6% 1.4% 3%
2020-01-10 06:00 AM Nov 3.7% 1.3% 2.1%
2020-02-10 06:00 AM Dec 0.6% 1.7% 3.3%
2020-03-10 06:00 AM Jan 0.6%
2020-04-10 05:00 AM Feb
2020-05-08 05:00 AM Mar 1.9%
2020-06-10 05:00 AM Apr


News Stream
Finnish Industrial Output Rises the Least in 4 months
Industrial production in Finland increased by 0.3 percent year-on-year in September 2019, easing from an upwardly revised 4.7 percent gain in the previous month. This was the weakest growth in manufacturing output since May, as manufacturing output growth slowed (1.1 percent vs 6.4 percent in August), on the back of textiles (19.3 percent vs 21.1 percent), electrical and electronic industry (7.8 percent vs 23.0 percent). In addition, output shrank for both food products (-3.8 percent vs 3.3 percent) and machinery & equipment (-1.0 percent vs 0.1 percent). At the same time, both of mining and quarrying output (-29.0 percent vs -14.5 percent) and electricity, gas, steam and air conditioning supply (-7.1 percent vs -4.5 percent) dropped faster. On a seasonally adjusted monthly basis, industrial output fell by 1.2 percent in September, after an upwardly revised 0.6 percent rise in August, the first monthly decline since May.
2019-11-08
Finnish Industrial Output Growth Slows in August
Industrial production in Finland increased by 4.4 percent year-on-year in August 2019, easing from an upwardly revised 4.9 percent gain in the previous month. Manufacturing output growth slowed (6.1 percent vs 7 percent in July), on the back of food products (2 percent vs 3 percent), textiles (19 percent vs 26.1 percent), electrical and electronic industry (22.2 percent vs 28.6 percent), and machinery & equipment (0.8 percent vs 13.7 percent). At the same time, there were decreases in both mining and quarrying output (-15 percent vs -27.7 percent) and electricity, gas, steam and air conditioning supply (-4.7 percent vs 3.7 percent). On a seasonally adjusted monthly basis, industrial output rose by 0.4 percent in August, after a 1.1 percent advance in July.
2019-10-10
Finnish Industrial Output Rises at Faster Pace
Industrial production in Finland increased by 3.8 percent year-on-year in July 2019, accelerating from a downwardly revised 2.5 percent gain in June. Manufacturing output growth picked up to 5.8 percent from 3.5 percent, boosted by a rebound in machinery & equipment (6.2 percent vs -4.3 percent), fabricated metal products (10.8 percent vs -1.7 percent) and food products (0.7 percent vs -0.3 percent); and strong growth in electrical and electronics industry (26.7 percent vs 27.5 percent) and chemicals (3.2 percent vs 5.5 percent). In addition, electricity, gas, steam and air conditioning supply continued to expand (3.2 percent vs 14.8 percent), while mining and quarrying output fell less (-29.8 percent vs -42.7 percent). On a seasonally adjusted monthly basis, industrial output rose by 0.5 percent in July, after a 1.2 percent advance in June.
2019-09-10
Finnish Industrial Output Growth Accelerates in June
Industrial production in Finland increased by 2.6 percent year-on-year in June 2019, accelerating from a revised 0.2 percent gain in the previous month. Output rose faster for manufacturing (3.4 percent vs 0.9 percent in May) and electricity, gas, steam and air conditioning supply (15.1 percent vs 10.8 percent). Within manufacturing, production advanced further for both chemical industry (6.4 percent vs 5.6 percent) and wood and wood products (0.8 percent vs 02 percent) while output slowed for machinery and metal industry (2.3 percent vs 3.8 percent) and leather and related products (9.1 percent vs 12 percent). Also, production dropped less for non-metallic mineral products (-1.7 percent vs -6.1 percent). In addition, mining and quarrying output fell at a softer pace (-39.8 percent vs -49.5 percent). On a seasonally adjusted monthly basis, industrial output rose 1.2 percent, after a downwardly revised 2.6 percent fall in May.
2019-08-09

Finland Industrial Production
In Finland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 87 percent of total production. The biggest segments within Manufacturing are: chemicals (16 percent); electrical and electronics (13 percent); machinery and equipment (11 percent); paper and paper products (9 percent); fabricated metal products (8 percent); and food products (7 percent). Electricity, gas, steam and air conditioning supply accounts for 11 percent of total output; and Mining and quarrying account for 2 percent.