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FX.co ★ Finland Industrial Output Recovers 1.2%

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typeContent_19130:::2023-12-08T12:05:00

Finland Industrial Output Recovers 1.2%

Finland's industrial production increased for the first time in five months in October, figures from Statistics Finland showed Friday.

Industrial output advanced 1.2 percent year-over-year in October, reversing a 2.3 percent decline a month ago.

On a monthly basis, industrial production rebounded 0.7 percent versus a 0.4 percent drop in September.

Among the main industries, mining and quarrying output grew the most by 15.5 percent annually in October, followed by the utility sector with a 2.6 percent rise.

On the other hand, output was reduced most in the electrical and electronics industries by 11.4 percent and in the forest industry by 11.0 percent.

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