In February, industrial output grew a working-day adjusted 5.1% over the same month last year, which represented an acceleration compared to the 4.4% increase observed in January. The improvement was underpinned by developments in the manufacturing sector, which expanded 6.2% (January: +5.7% year-on-year). A month-on-month comparison corroborates the improvement suggested by the annual figures, as industrial output grew 1.2% over the previous month in seasonally adjusted terms. In the same vein, the overall trend continues to improve, with annual average growth in industrial production jumping from 6.0% in January to 6.6%. In its latest outlook form December, the Central Bank projected GDP to grow 3.0% in 2011 and 2.5% in 2012.
Industrial production picks up after weak start to the year
April 8, 2011
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Finland Economic News
October 14, 2016
The current account posted a EUR 166 million deficit in August, according to Statistics Finland.
October 14, 2016
In August, economic activity fell a working-day adjusted 0.1% over the same month last year, according to the Monthly Trend Indicator of Output.
September 15, 2016
In July, economic activity expanded a working-day adjusted 1.5% over the same month last year, according to the Monthly Trend Indicator of Output.
September 6, 2016
The Finnish economy recorded flat growth in Q2 over the previous quarter in seasonally-adjusted terms, which represented a slowdown from Q1’s 0.3% expansion, according to preliminary data released by Statistics Finland on 6 September.
August 15, 2016
The current account posted a EUR 219 million deficit in June according to Statistics Finland.