Industrial production in Finland expanded by 7.3 percent year-on-year in April 2022, following a downwardly revised 2.2 percent gain in the previous month. The latest reading was the 13th straight month of increase in industrial production and the strongest growth since last December, due to faster rises in output of manufacturing (8% vs 3.6%), amid rebounds in output electricity, gas, steam and air conditioning supply (2.9% vs -4.6%). Meanwhile, production of mining and quarrying continued to fall (-5.0% vs -1.0% in March). On a seasonally adjusted monthly basis, industrial output grew by 3.4 percent in April, recovering from an upwardly revised 1.4 percent drop in March. source: Statistics Finland
Industrial Production in Finland averaged 1.73 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 July 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.