Finland Industry


Finland: Industrial output continues to trend down

January 10, 2012

In November, industrial output decreased a working-day adjusted 3.5% over the same month the previous year. The reading marked an improvement over the revised 5.3% contraction observed in October (previously reported: -5.7% year-on-year), which had represented the worst result since November 2009. The modest recovery was the result of a slower contraction in manufacturing, while growth in mining and quarrying decelerated but remained positive. A month-on-month analysis suggests an improvement, with industrial production rising a seasonally adjusted 0.5% over the previous month, which contrasted the 1.3% contraction observed in October and marked, in fact, the fastest pace observed in three months. That said, the trend continues to point down, with annual average growth in industrial production falling from 2.3% in October to 1.4% in November.


Sample Report

Looking for forecasts related to Industry in Finland? Download a sample report now.


Finland Economic News

  • Finland: Growth moderates in Q3, but remains firm

    December 1, 2017

    According to preliminary data released on 1 December, the economy lost momentum in the third quarter.

    Read more

  • Finland: Current account surplus narrows in September

    November 15, 2017

    The current account surplus was EUR 0.08 billion in September, considerably below the EUR 0.23 billion surplus recorded in August, but above the EUR 0.02 billion surplus recorded in September 2016.

    Read more

  • Finland: Economic growth quickens in September

    November 14, 2017

    In September, economic activity grew a working-day adjusted 3.8% over the previous year—up from August’s revised 3.7% rise (previously reported: +2.7% year-on-year)—according to the latest monthly Trend Indicator of Output released by Statistics Finland.

    Read more

  • Finland: Economic activity slows in August

    October 13, 2017

    In August, economic activity grew by a working-day adjusted 2.7% over the previous year—down from July’s revised 3.6% rise (previously reported: +3.1%)—according to the latest monthly Trend Indicator of Output released by Statistics Finland.

    Read more

  • Finland: Current account surplus steady in August

    October 13, 2017

    Finland’s current account surplus amounted to EUR 0.23 billion in August, almost unchanged from the revised EUR 0.25 billion surplus recorded in July (previously reported: EUR 0.16 billion). In the 12 months leading up to August, the current account deficit totaled EUR 0.52 billion, very close to July’s cumulative deficit of EUR 0.51 billion. However, the trade balance improved in August over the previous month, recording a EUR 238 million surplus compared to July’s EUR 75 million surplus.

    Read more

More news

Search form