Finland's industrial production fell for a sixth straight month in June, but at the weakest pace in the current sequence of decline, a report from Statistics Finland showed Friday.
Production fell 1 percent year-on-year in June following a 1.4 percent drop in May. During the first six months of the year, production was down 2.8 percent compared to the same period last year.
Seasonally adjusted output fell 1.4 percent month-on-month in June after a 1.2 percent gain in May.
Among the major industries, mining and quarrying recorded the most significant decline in output during the month, down 46.7 percent year-on-year. Manufacturing output dropped 0.2 percent.
Capacity utilisation rate in manufacturing was 83.2 percent in June, or 1.9 percentage points higher than one year earlier.
Separately, the statistical office reported that new orders received by Finland's manufacturing sector was down by 13.9 percent compared to the same month last year. In May, orders declined 10.4 percent on an annual basis.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.