Industrial production in Finland rose by 0.6% year-on-year in May 2026, slowing from an upwardly revised 3.0% increase in April and marking the weakest growth since the contraction recorded in January. Growth in the manufacturing sector moderated (0.7% vs 2.3%), driven by softer output in food products (2.6% vs 7.2%), a sharp reversal in the chemical industry (-7.8% vs 5.0%), and a deeper downturn in printing and reproduction of recorded media (-12.0% vs -5.6%).
At the same time, mining and quarrying activity contracted more sharply (-10.7% vs -5.0%), while output in electricity, gas, steam, and air-conditioning supply turned negative (-0.1% vs 8.9%). On a seasonally adjusted monthly basis, total industrial output fell by 1.4% in May, following a 1.9% decline in April, which had been the steepest monthly drop in nine months.