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Output of the national economy grew in February 2023 year-on-year, decrease from the month before

release | Trend indicator of output 2023, February

According to Statistics Finland, output adjusted for working days grew in February 2023 by 0.4 per cent from one year ago. In February, seasonally adjusted output fell by 0.7 per cent from the month before. According to revised data, working day adjusted output grew in January 2023 by 1.2 per cent (previously 1.4 per cent) from January 2022. Working day adjusted primary production grew by around 2 per cent and services by roughly 2 per cent, while secondary production fell by 3.6 per cent from February 2022.

Line chart on the development of the volume of total output by month in 2005 to 2023. The line chart shows the trend and seasonally adjusted series on the development of the volume of total output. The volume of total output has developed varyingly over this period. The volume of total output has grown in the period, but there are also times within the period when the volume of total output has contracted. The volume of total output contracted in 2009 and 2020 and in 2012 to 2014.

Key selections

  • Output adjusted for working days grew by 0.4 per cent in February from one year ago.
  • In February, seasonally adjusted output fell by 0.7 per cent from the month before.
  • Working day adjusted primary production grew by around 2 per cent and services by roughly 2 per cent, while secondary production fell by 3.6 per cent from February 2022.

Figures

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14.04.2023

Annual change in volume of the working day adjusted series, %

Data revisions

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14.04.2023

Revisions in these statistics

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132f
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  • Industry
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