Output of the national economy grew in August 2024

Release related to topics:National economy

release 15/10/2024 | Trend indicator of output 2024, August

According to Statistics Finland, output adjusted for working days grew by 1.9 per cent in August 2024 from the previous year’s level. Seasonally adjusted output for August grew by 0.4 per cent from the month before. Working day adjusted primary production grew by 12.0 per cent, secondary production by 1.9 per cent and service industries by 1.5 per cent from August 2023.

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Key selections

Output adjusted for working days grew by 1.9 per cent in August compared to August 2023.
Seasonally adjusted output for August grew by 0.4 per cent from the month before.
Working day adjusted primary production grew by 12.0 per cent, secondary production by 1.9 per cent and services by 1.5 per cent from August last year.

Statistics used in the release

Trend indicator of output

Figures

See key statistical data in the figures.

15/10/2024

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

Data revisions

See key statistical data in the tables.

15/10/2024

Revisions in these statistics

	2023M12	2024M01	2024M02	2024M03	2024M04	2024M05	2024M06	2024M07
Seasonally adjusted month-on-month change, %	1. release	0.4	0.9	-0.4	-1	-0.1	0.7	1	-0.8
Previous release	-0.4	1	-0.2	-1	0.2	1.1	1.4	-0.8
Latest release	0	-0.8	1.8	-0.4	-0.9	0.5	1.6	-0.4
Revision, %-points (latest minus first)	-0.4	-1.7	2.2	0.6	-0.8	-0.2	0.6	0.4
Working day adjusted year-on-year change, %	1. release	-0.6	-1.2	0.8	-0.8	-2.3	-1.9	1.5	0
Previous release	-2.3	-2.1	-0.6	-2.7	-3.1	-2.7	2	0
Latest release	-2.2	-5	0.3	-0.6	-2.3	-3.3	1.1	0.2
Revision, %-points (latest minus first)	-1.6	-3.8	-0.5	0.2	0	-1.4	-0.4	0.2

Database tables

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Updated database tables

132f

Trend indicator of output, monthly(External link)

Classifications used:

Industry

Reference period cycle:

month

Updating frequency:

month

Statistics:

Trend indicator of output

Updated:

14/11/2024

Future releases

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Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Trend indicator of output [online publication].

Reference period: 2024, August. ISSN=1798-5439. Helsinki: Statistics Finland [Referenced: 21.11.2024].

Access method:

Statistical experts

Inquiries primarily

Service email

kansantalous.suhdanteet@stat.fi

Antti Kosunen

Senior Statistician

029 551 3613

Other experts

Eveliina Heinänen

Senior Statistician

029 551 3436

Ville Huhtala-Hedman

Senior Statistician

029 551 3719

Head of Department in charge

Katri Kaaja

Head of Department in charge

029 551 3488