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.

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Finland Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2022-04-08 05:00 AM Feb 3.8% 4.2% 2.6%
2022-05-10 05:00 AM Mar 2.6% 3.4% 3.3%
2022-06-10 05:00 AM Apr 2.6%

Related Last Previous Unit Reference
Industrial Production Mom -1.20 0.50 percent Mar 2022
Industrial Production 2.60 3.40 percent Mar 2022
Manufacturing Production 6.10 3.90 percent Nov 2021
New Orders 142.70 121.20 points Mar 2022
Changes in Inventories 664.00 1204.00 EUR Million Dec 2021
Bankruptcies 656.00 488.00 Companies Dec 2021
Car Registrations 6431.00 7536.00 Apr 2022
Leading Economic Index 4.63 5.29 percent Aug 2021
Factory Orders 19.20 38.50 percent Dec 2021
Mining Production 0.40 16.50 percent Nov 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 3.40 23.70 -23.30 1996 - 2022 percent Monthly
2015=100, WDA