FX.co ★ Finnish Industrial Output Growth Slows in April

Industrial production in Finland increased by 1.9% year-on-year in April 2026, slowing from a downwardly revised eleven-month high of 7.1% in March. Growth in the manufacturing sector eased to 1.1% from 5.7%, weighed down by declines in the manufacture of beverages (-10.6% vs. +13.3%), paper and paper products (-4.0% vs. +4.5%), basic metals (-4.5% vs. +8.9%), and machinery and equipment n.e.c. (-0.3% vs. +3.2%). Growth also weakened in wood and wood products (+0.3% vs. +5.5%), the chemical industry (+5.5% vs. +20.7%), other non-metallic mineral products (+6.7% vs. +10.6%), and fabricated metal products, except machinery and equipment (+1.2% vs. +6.3%). Output in electricity, gas, steam, and air-conditioning supply also moderated (+8.6% vs. +15.5%), while production in mining and quarrying swung into contraction (-4.5% vs. +12.9%). On a seasonally adjusted monthly basis, industrial output fell by 2.6% in April, the sharpest decline since March 2024, reversing a 2.8% rise in the previous month.