Finland's industrial production declined for the third straight month in August, figures from Statistics Finland showed on Friday.
Industrial output dropped 0.2 percent year-over-year in August, much slower than the 5.3 percent decrease in July, which was the fastest decrease since May 2024.
The overall decline was mainly due to a 2.3 percent contraction in the utility sector output and a 1.0 percent fall in the mining and quarrying production.
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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.