Industrial production in Finland expanded by 4.5 percent year-on-year in March 2023, recovering from an upwardly revised 3.0 percent drop a month earlier. It was the strongest growth since last September, due to a rebound in manufacturing output (3.4% vs -4.9% in February). Meanwhile, output shrank for electricity, gas, steam & air conditioning supply (-13.8% vs 6.1%); and mining and quarrying (-8.1% vs 11.3%). On a seasonally adjusted monthly basis, industrial production grew by 3.0 percent, rebounding from an upwardly revised 2.4 percent fall in February. source: Statistics Finland
Industrial Production in Finland averaged 1.77 percent from 1996 until 2023, 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 June of 2023.
Industrial Production in Finland is expected to be -3.30 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 2.50 percent in 2024 and 2.00 percent in 2025, according to our econometric models.