Production: Manufacturing: Intermediate Goods: Total for Finland
FINPRMNIG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.80
Year-over-Year Change
3.29%
Date Range
1/1/1990 - 10/1/2023
Summary
The Production: Manufacturing: Intermediate Goods: Total for Finland measures the output of intermediate goods in the Finnish manufacturing sector. This metric is a key indicator of industrial activity and economic health.
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 index tracks the production of semi-finished goods and parts used as inputs for further processing or assembly in the Finnish manufacturing industry. It serves as an important barometer of the strength and direction of the overall Finnish economy.
Methodology
The data is collected and calculated by Statistics Finland based on survey responses from manufacturing firms.
Historical Context
Economists and policymakers monitor this index to assess the state of the Finnish industrial sector and make informed decisions.
Key Facts
- Finland is a major industrialized economy in Northern Europe.
- Intermediate goods account for a significant portion of Finnish manufacturing output.
- This index is a leading indicator of broader economic trends in Finland.
FAQs
Q: What does this economic trend measure?
A: This index measures the production of intermediate goods, or semi-finished products, in the Finnish manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The production of intermediate goods is a key indicator of the strength and direction of the Finnish economy, as it reflects the level of industrial activity and demand for inputs.
Q: How is this data collected or calculated?
A: The data is collected by Statistics Finland through surveys of manufacturing firms and calculated as an index.
Q: How is this trend used in economic policy?
A: Economists and policymakers in Finland and abroad monitor this index to assess the health of the Finnish industrial sector and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly by Statistics Finland, with a typical release lag of several weeks.
Related Trends
Infant Mortality Rate for Finland
SPDYNIMRTINFIN
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Total for Finland
FINCP040000GPM
Remittance Inflows to GDP for Finland
DDOI11FIA156NWDB
Harmonized Index of Consumer Prices: Actual Rentals for Housing for Finland
CP0410FIM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Finland
FINCP030000GYM
Harmonized Index of Consumer Prices: Gas for Finland
CP0452FIM086NEST
Citation
U.S. Federal Reserve, Production: Manufacturing: Intermediate Goods: Total for Finland (FINPRMNIG01IXOBM), retrieved from FRED.