Finnish Industrial Output Highest Since 2022

Industrial production in Finland climbed 7.3% year-on-year in March 2026 from 5.3% in the previous month and marking the strongest growth since June 2022. Manufacturing output continued to accelerate, rising 5.9% after a 5.3% gain in February, driven by stronger increases in chemicals (20.9% vs 9.2%), fabricated metal products (5.9% vs 0.4%), and food products (4.7% vs 3.5%), alongside a rebound in paper and paper products (4.5% vs -8.8%). Additionally, electricity, gas, steam, and air conditioning supply growth quickened to 15.7% from 7.9%, while the mining and quarrying sector rebounded 12.8% after an 11.1% decline. On a seasonally adjusted monthly basis, industrial output eased to 2.8% in March from 3.2% in the previous period.

Industrial production in Finland rose by 5.7% year-on-year in February 2026, rebounding from a revised 0.7% decline in the previous month. This marked the strongest expansion in industrial activity since April 2025, driven by a sharp recovery in the manufacturing sector (5.8% vs -2.7% in January), with significant output increases in food products (3.1% vs 2.2%), other non-metallic mineral products (7.6% vs 0.5%), machinery and equipment (21.2% vs 3.7%), and transport equipment (26.1% vs 5.2%). Additionally, electricity, gas, steam, and air-conditioning supply continued to rise (7.9% vs 7.2%). Meanwhile, mining and quarrying output declined further, plunging by 12.0% after a 0.2% drop in the previous month. On a seasonally adjusted monthly basis, industrial output climbed by 3.2% in February, the strongest in eleven months, reversing a 1.3% decline in the preceding period.

Industrial output in Finland remained stagnant year-on-year in January 2026, reversing from an upwardly revised 2.3% rise in December. Manufacturing production fell (-1.8% vs 3.5% in December), reversing gains from previous month, dragged down by declines in paper and paper products (-10.4% vs 0.5%), printing and reproduction of recorded media (-3.1% vs -0.2%), the chemical industry (-4.5% vs 19.6%), furniture (-8.4% vs -4.3%), and repair and installation of machinery and equipment (-12.3% vs -7.7%). Output also contracted in mining and quarrying (-0.6% vs 8.8%), while electricity, gas, steam, and air conditioning supply rebounded (6.8% vs -4.2%). On a seasonally adjusted monthly basis, industrial output fell 1.1% in January, following a downwardly revised 0.7% decline in December.