Industrial production in Finland dropped by 2.3% year-on-year in January 2024, the second consecutive month of falling industrial activity although easing from a downwardly revised 6.7% slump in the previous month. Output fell at a softer pace for manufacturing (-5.5% vs -9.2% in December) and sharply rose for electricity, gas, steam & air-conditioning supply (16.4% vs 5.9%). Meanwhile, output tumbled for mining & quarrying (-0.1% vs 1.9%). On a seasonally adjusted monthly basis, industrial output increased 2.5% in January 2024, rebounding from an upwardly revised 2.8% fall in the previous month. source: Statistics Finland
Industrial Production in Finland decreased 2.30 percent in January of 2024 over the same month in the previous year. Industrial Production in Finland averaged 1.66 percent from 1996 until 2024, 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 March of 2024.
Industrial Production in Finland decreased 2.30 percent in January of 2024 over the same month in the previous year. Industrial Production in Finland is expected to be -1.00 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 2.00 percent in 2025, according to our econometric models.