Thursday. 25.04.2024

Finnish industrial production grew again in November 2019, after two months of declines.

According to Statistics Finland's latest data, seasonally adjusted industrial output went up by 1.3% in November from the month before.

If we look at the year-on-year results, industrial output adjusted for working days was 3.7% higher in November 2019 than in November 2018. Adjusted for working days, industrial output went up by 2.2% in January to November from one year back.

Industrial-output

Examined by main industry, seasonally adjusted industrial output grew in November most in electrical and electronics industry, by 6.7%, and in electricity, gas, steam and air conditioning supply, by 5.5%.

Production decreased most in mining and quarrying (8.7% month-on-month). Output also declined in the forest industry (0.9%) and in the chemical industry (0.2%).

Industrial-output-production-by-industry

Finnish industrial production grew again after months of decline