Finnish Industrial Output Growth Slows in August

Industrial production in Finland rose by 4.5% year-on-year in September 2026, accelerating from a 1.3% gain in the previous month. This marked a stronger expansion in industrial activity, supported by improved performance in the manufacturing sector, where output increased by 5.6% compared with 0.8% in August. Manufacturing growth was driven by stronger activity in the food industry (5.1% vs 3.9%), textile manufacturing (7.4% vs 2.5%), and machinery manufacturing (11.4% vs 0.4%). Meanwhile, production continued to decline in chemical industry (-2.5% vs -9.0%), and furniture manufacturing (-18.4% vs -14.5%). Mining production contracted by 12.4%, easing from a 15.3% decline in August. On the other hand, electricity, gas, steam and air conditioning supply fell by 0.6%, following a 7.4% increase in the previous month. On a seasonally adjusted monthly basis, industrial activity increased by 2.0% in September, rebounding a 0.9% loss in the preceding period.

Industrial production in Finland rose by 0.8% year-on-year in August 2026, slowing from a slightly upwardly revised 4.6% gain in the previous month. This marked the softest growth in industrial activity since May, driven by a sharp 15.8% decline (vs -12.8% in July) in mining production. Output growth also softened in the manufacturing sector (0.3% vs 5.4%) as lower activity in printing and reproduction of recorded media (-13.2% vs -8.6%), chemical industry (-9.0% vs 0.8%), and manufacture of furniture (-17.5% vs -16.6%) outweighed increased output in the food industry (3.6% vs -1.2%) and textile, clothing and leather industry (2.3% vs -2.5%). On the other hand, production increased at a faster pace for electricity, gas, steam and air conditioning supply (7.5% vs 3.1%). On a seasonally adjusted monthly basis, industrial activity decreased by 1.3% in August, slipping further from a 1.1% loss in the preceding period.

Industrial production in Finland rose by 4.5% year-on-year in July 2026, marking the strongest growth since March and accelerating from a downwardly revised 4.4% gain in the previous month. The increase was largely driven by higher output in the manufacturing sector, rising 5.3% after a 4.1% gain in June, as increased activity in the metal (9.5% vs 9.6%) and chemical industry (1.9% vs -3.5%) more than offset declines in the manufacture of furniture (-17.4% vs -17.9%) and printing and reproduction of recorded media (-6.1% vs -7.9%). Meanwhile, mining output dropped 13% after rising 4.8% in the previous month, while production growth softened for electricity, gas, steam and air conditioning supply (3.1% vs 6.7%). On a seasonally adjusted monthly basis, industrial activity decreased by 1% in July, slipping from a downwardly revised 1.9% increase in the preceding period.