Production: Industry: Total Industry Excluding Construction for Finland
FINPRINTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.75
Year-over-Year Change
-161.17%
Date Range
2/1/1958 - 12/1/2023
Summary
The 'Production: Industry: Total Industry Excluding Construction for Finland' trend measures the overall output of the industrial sector in Finland, excluding the construction industry. This metric is a key indicator of the health and direction of the Finnish economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator tracks the total volume of industrial production in Finland, providing insights into the performance and trends within the country's manufacturing, mining, and utilities sectors. It is a widely-used measure for analyzing industrial activity and economic conditions.
Methodology
The data is collected through surveys and compiled by Statistics Finland.
Historical Context
Policymakers and analysts closely monitor this industrial production index to gauge the strength of the Finnish economy and inform economic policy decisions.
Key Facts
- Finland is a highly industrialized economy.
- The industrial sector accounts for over a quarter of Finland's GDP.
- This index excludes the construction industry, which is tracked separately.
FAQs
Q: What does this economic trend measure?
A: This trend measures the overall volume of industrial production in Finland, excluding the construction industry. It provides a comprehensive view of the manufacturing, mining, and utilities sectors.
Q: Why is this trend relevant for users or analysts?
A: This industrial production index is a key indicator of the health and direction of the Finnish economy, helping policymakers and analysts assess economic conditions and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and compiled by Statistics Finland.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this industrial production index to gauge the strength of the Finnish economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with some potential for short delays in publication.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Finland
FINCP030000GYM
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Finland
LFEM64MAFIA647S
Private Credit by Deposit Money Banks to GDP for Finland
DDDI01FIA156NWDB
Labor Compensation: Earnings: Manufacturing: Hourly for Finland
LCEAMN01FIQ657S
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Finland
LREM55MAFIA156N
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 74 Years for Finland
LFIN74TTFIA647N
Citation
U.S. Federal Reserve, Production: Industry: Total Industry Excluding Construction for Finland (FINPRINTO01GPSAM), retrieved from FRED.