Industrial output drops in September

Seasonally adjusted industrial output decreased by 1.1 per cent in September from the month before, according to Statistics Finland.

Industrial output adjusted for working days went up by 1.0 per cent compared to one year ago.

Adjusted for working days, industrial output grew by 1.3 per cent in September 2024 from one year earlier. Output decreased by 0.6 per cent from the previous month.

Output grew by 2.8 per cent in the electrical and electronics industry, by 2.7 per cent in mining and quarrying and by 0.2 per cent in the forest industry from the month before.

⁠⁠Compared to the previous month, output decreased most in electricity, gas, steam and air conditioning supply, by 5.4 per cent.

Output fell by 1.2 per cent in the food industry, by 0.8 per cent in the metal industry and by 0.4 per cent in the chemical industry from August.