Industrial production in Finland grew by 2.6 percent year-on-year in March 2022, after a downwardly revised 3.4 percent growth in the previous month. The latest reading was the 12th straight month of increase in industrial production but the weakest pace since March, amid declines in output of both mining and quarrying production (-1.4% vs 3.0% in February), and electricity, gas, steam and air conditioning supply (-4.5% vs -8.9%). At the same time, manufacturing production slowed (6% vs 6%). On a seasonally adjusted monthly basis, industrial output fell by 1.2 percent in March, after an upwardly revised 0.5 percent gain in February. source: Statistics Finland
Industrial Production in Finland averaged 1.71 percent from 1996 until 2022, 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 May of 2022.
Industrial Production in Finland is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Finland Industrial Production is projected to trend around 1.90 percent in 2023, according to our econometric models.