Industrial production in Finland advanced by 8.9 percent year-on-year in June 2022, accelerating from a downwardly revised 5.2 percent gain in the previous month. It was the 15th straight month of increase in industrial production and the strongest growth since last December, as both manufacturing (8.9 percent vs 4.8 percent) and electricity, gas, steam and air conditioning supply production (11.9 percent vs 9.8 percent) grew faster. Meanwhile, mining and quarrying activity contracted (-5.9 percent vs 1.5 percent). On a seasonally adjusted monthly basis, industrial output expanded by 1.3 percent in June, faster than a downwardly revised 0.3 percent rise in May. source: Statistics Finland
Industrial Production in Finland averaged 1.76 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 August 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.