Industrial production in Finland jumped by 6.5 percent year-on-year in April 2019, reversing a downwardly revised 1.0 percent fall in the previous month. That was the steepest increase in output since March 2018, as manufacturing activity rebounded sharply (6.4 percent vs -0.1 percent in March), mainly driven by chemicals (8.8 percent vs 2 percent); electrical and electronics (11.7 percent vs 3.9 percent), machinery and equipment (6.9 percent vs 2.9 percent); fabricated metal products (17.7 percent vs 7.1 percent); and food products (4.6 percent vs -4.1 percent). Also, electricity, gas, steam and air conditioning supply rebounded (3.6 percent vs -7.6 percent) and mining and quarrying growth accelerated (14.8 percent vs 8.9 percent). On a monthly basis, industrial production rose 2.2 percent in April, following a revised 0.2 percent gain in March. Industrial Production in Finland averaged 1.79 percent from 1996 until 2019, 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.

Industrial Production in Finland is expected to be 3.30 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 3.40 in 12 months time. In the long-term, the Finland Industrial Production is projected to trend around 1.80 percent in 2020, according to our econometric models.

Finland Industrial Production
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-03-08 07:00 AM Industrial Production YoY 2.6% 1.6% 3.5%
2019-04-10 06:00 AM Industrial Production YoY 0.7% 2.5% 2.1%
2019-05-10 05:00 AM Industrial Production YoY -1.3% 0.8% 1.5%
2019-06-10 05:00 AM Industrial Production YoY 6.5% -1.0% 2.6%
2019-07-10 05:00 AM Industrial Production YoY 6.5% 2.2%
2019-08-09 05:00 AM Industrial Production YoY 3.2%
2019-09-10 05:00 AM Industrial Production YoY 2.5%


Finland Business Last Previous Highest Lowest Unit
Business Confidence 0.30 -2.70 31.30 -37.30 Index Points [+]
Industrial Production 6.50 -1.00 23.70 -23.30 percent [+]
Industrial Production Mom 2.20 0.20 9.20 -13.00 percent [+]
Manufacturing Production 6.40 -0.10 24.20 -26.40 percent [+]
Capacity Utilization 80.80 83.20 88.80 63.90 percent [+]
New Orders 107.10 114.90 170.20 69.20 Index Points [+]
Changes in Inventories 649.00 -438.00 1701.00 -2529.00 EUR Million [+]
Bankruptcies 670.00 550.00 2038.00 459.00 Companies [+]
Car Registrations 10884.00 9748.00 25285.00 494.00 [+]
Leading Economic Index 2.83 0.94 9.20 -11.13 percent [+]
Internet Speed 20451.91 20587.41 20587.41 2732.51 KBps [+]
IP Addresses 2332434.00 2264535.00 3082796.00 1690714.00 IP [+]
Steel Production 372.70 336.50 455.00 91.00 Thousand Tonnes [+]
Mining Production 14.80 8.90 146.10 -63.90 percent [+]
Competitiveness Index 80.26 79.77 80.26 5.36 Points [+]
Competitiveness Rank 11.00 12.00 12.00 3.00 [+]
Ease of Doing Business 17.00 13.00 17.00 10.00 [+]
Electricity Production 6863.00 6483.00 8710.00 4306.00 Gigawatt-hour [+]
Corruption Index 85.00 85.00 100.00 85.00 Points [+]
Corruption Rank 3.00 3.00 6.00 1.00 [+]


Finland Industrial Production

In Finland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 87 percent of total production. The biggest segments within Manufacturing are: chemicals (16 percent); electrical and electronics (13 percent); machinery and equipment (11 percent); paper and paper products (9 percent); fabricated metal products (8 percent); and food products (7 percent). Electricity, gas, steam and air conditioning supply accounts for 11 percent of total output; and Mining and quarrying account for 2 percent. This page provides - Finland Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Finland Industrial Production - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
6.50 -1.00 23.70 -23.30 1996 - 2019 percent Monthly
2015=100, WDA




Country Last Previous
Argentina -8.80 Apr/19
Australia 1.20 Mar/19
Brazil -3.90 Apr/19
Canada 0.32 Mar/19
China 5.00 May/19
Euro Area -0.40 Apr/19
France 1.10 Apr/19
Germany -1.80 Apr/19
India 3.40 Apr/19
Indonesia 7.90 Mar/19
Italy -1.50 Apr/19
Japan -1.10 Apr/19
Mexico -2.86 Apr/19
Netherlands -2.30 Apr/19
Russia 4.60 Apr/19
Saudi Arabia 2.34 Sep/18
Singapore 0.10 Apr/19
South Africa 4.60 Apr/19
South Korea -0.10 Apr/19
Spain 1.70 Apr/19
Switzerland 4.30 Mar/19
Turkey -2.20 Mar/19
United Kingdom -1.00 Apr/19
United States 2.00 May/19


Related

Latest