Finland's national output dropped a working day adjusted 8.4% in August, after a 8.9% fall in July, revised upwards from a 9.2% decline reported initially, the Statistics Finland said Friday. On an annual basis, the national output has been declining continuously since October last year.
During the month, secondary output fell 17% annually, while services output declined 6%.However, primary output rose 2%. Primary output includes agriculture, forestry and fishing, while secondary output includes manufacturing and construction.
Seasonally adjusted, the output dropped 0.5% month-on-month in August.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.