Finland's industrial production decreased 5.3% year-over-year in May, with mining and quarrying down 7.7% and chemical industry down 5.3%.

Finland's industrial production decreased for the third consecutive month in May, with a 5.3% year-over-year drop, according to Statistics Finland. Output in the mining and quarrying segment fell by 7.7%, and the chemical industry saw a decline of 5.3%. However, manufacturing production advanced 0.7% from last year, with the forest industry showing a 6.3% growth. New orders in manufacturing declined by 9.1% year-on-year in May 2024.

July 10, 2024
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