Industrial production in Finland shrank by 6.9 percent year-on-year in June 2020, following an upwardly revised 4.6 percent fall in the previous month. It was the third straight month of contraction in industrial output and the steepest drop since December 2012. On a seasonally adjusted monthly basis, industrial output contracted by 0.8 percent in June, after an upwardly revised 1.8 percent drop in May.
Industrial Production in Finland averaged 1.72 percent from 1996 until 2020, 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 August of 2020. source: Statistics Finland
Industrial Production in Finland is expected to be -16.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Finland to stand at 6.50 in 12 months time. In the long-term, the Finland Industrial Production is projected to trend around 8.00 percent in 2021 and 2.50 percent in 2022, according to our econometric models.