Saturday 8/8/20

Finland recorded an increase in industrial output at the end of 2019

Seasonally adjusted industrial production grew in December most in the electrical and electronics industry, by 7.2%. The decline in output was strongest in the chemical industry (-3.1%).
Finland recorded an increase in industrial output at the end of 2019

Seasonally adjusted industrial output grew by 0.3% in December from the month before.

According to Statistics Finland, industrial output adjusted for working days was 0.6% higher in December 2019 compared to December 2018. Adjusted for working days, industrial output went up by 2% in January to December from one year back.

Industry-output-december

Examined by main industry, seasonally adjusted industrial output grew in December most in the electrical and electronics industry, by 7.2%, in mining and quarrying, by 6.5% and in electricity, gas, steam and air conditioning supply, by 4.7%.

The decline in output was strongest in the chemical industry, down by 3.1% from the month before. Industrial output also decreased in the food industry, by 2.3%, and in the forest industry, by 1.9%.

Finland recorded an increase in industrial output at the end of 2019
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