Home > Statistics > Trend Indicator of Output > 2019 > April > Output of the national economy grew in April

Published: 14 June 2019

Output of the national economy grew in April

Adjusted for working days, industrial output went up by 2.8 per cent in April 2019 year-on-year. Seasonally adjusted output, in turn, grew by 0.6 per cent from the month before. According to revised data, working-day adjusted output grew in March by 0.9 per cent (previously 1.1 per cent) from March 2018.

Volume of total output 2005 to 2019, trend and seasonally adjusted series

The series of the Trend Indicator of Output are seasonally adjusted with the Tramo/Seats method. The latest observations of the series adjusted for seasonal and random variation (seasonally adjusted and trend series) become revised with new observations in seasonal adjustment methods. Revisions especially at turning points of economic trends may be significant, which should be taken into consideration when using seasonally adjusted and trend data. The trend indicator of output for April 2019 has, for the first time, been compiled using the methods of the revised quarterly accounts.

Working day adjusted change of total output from previous year’s corresponding month, %

Working day adjusted primary production declined by some six per cent, secondary production grew by around three per cent and services by about one per cent from April 2018.

Primary production refers to agriculture, hunting, forestry and fishing. Secondary production includes manufacturing and construction. Services comprise trade, hotel and restaurant activities, transport and business activities, as well as real estate, renting and research services, financial intermediation and insurance, and public services.

Source: Trend Indicator of Output 2019 April, Statistics Finland

Inquiries: Antti Kosunen 029 551 3613, Mikko-Waltteri Sihvola 029 551 3062, kansantalous.suhdanteet@stat.fi

Director in charge: Ville Vertanen

Publication in pdf-format (190.9 kB)

Tables

Tables in databases

Pick the data you need into tables, view the data as graphs, or download the data for your use.

• Database tables and their variables
• Archived tables

Revisions in these statistics

• Revisions in these statistics (14.6.2019)

---

Updated 14.06.2019