Industrial output drops in July

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Industrial output drops in July

Seasonally adjusted industrial output decreased by 1.8 per cent in July from the month before, according to Statistics Finland.

The industrial output adjusted for working days went down by 4.2 per cent compared to July 2024.

Adjusted for working days, output in manufacturing was 4.3 per cent lower in July than one year earlier. Seasonally adjusted output in manufacturing decreased by 2.1 per cent from the previous month.

Among the main industries examined, industrial output grew most in July in mining and quarrying, by 7.7 per cent from the month before. Output was 2.9 per cent higher in electricity, gas, steam and air conditioning supply and 1.1 per cent higher in the forest industry than in June.

Output decreased in other main industries from the month before. Output fell most in July in the electrical and electronics industry, by 5.0 per cent. Output decreased by 2.6 per cent in the chemical industry, by 2.3 per cent in the food industry and by 1.7 per cent in the metal industry compared to June.

  •  Industrial output
  •  Drops
  •  July

Source: www.dailyfinland.fi

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