Finland's industrial production rose by 4.4 percent from a year earlier in August 2021, accelerating from a downwardly revised 3.5 percent gain a month earlier. It was the fifth straight month of increase in industrial production. On a monthly basis, industrial output grew 1.4 percent in August, following a downwardly revised 0.3 percent rise in July. source: Statistics Finland

Industrial Production in Finland averaged 1.63 percent from 1996 until 2021, 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 October of 2021.

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 2022 and 1.90 percent in 2023, according to our econometric models.

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Finland Industrial Production

Calendar GMT Actual Previous Consensus TEForecast
2021-09-10 05:00 AM Jul 5% 4.1% 5.5%
2021-10-08 05:00 AM Aug 4.4% 3.5% 3.1%
2021-11-10 06:00 AM Sep 4.4%

Finland Last Unit Reference Previous Highest Lowest
Industrial Production Mom 1.40 percent Aug/21 0.30 9.20 -12.90
Industrial Production 4.40 percent Aug/21 3.50 23.70 -23.30
Manufacturing Production 5.70 percent Jun/21 9.40 24.20 -26.40
New Orders 121.00 points Aug/21 119.60 170.20 69.20
Changes in Inventories 509.00 EUR Million Jun/21 -80.00 1953.00 -2056.00
Bankruptcies 488.00 Companies Sep/21 600.00 2038.00 385.00
Car Registrations 6534.00 Sep/21 7904.00 25285.00 494.00
Leading Economic Index 4.63 percent Aug/21 5.29 12.80 -11.00
Mining Production -10.10 percent Jun/21 1.80 146.10 -63.90
Factory Orders 38.10 percent Jun/21 45.30 79.40 -42.20

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.