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Latest publication: Trend Indicator of Output 2022, January

Published: 8 July 2009

Output of the national economy diminished in April

Seasonally adjusted output diminished by 0.6 per cent from the month before. Adjusted for working days, output fell by 9.2 per cent from April 2008. April 2009 had two working days less than the corresponding month of the previous year. According to the original series, output was 11.2 per cent smaller than in April of the year before. The data derive from Statistics Finland's Trend Indicator of Output. The data are preliminary and will become revised later.

According to revised data, output adjusted for working days fell in March by 8.2 per cent (previously -10.9%) and the original series fell by 5.6 per cent (previously -11.1%) from March 2008. The main reason for the revision was benchmarking to quarterly accounts. In addition, the source data became revised upwards in several industries, especially in manufacturing and other services.

Volume of total output 2003 - 2009, trend and seasonally adjusted series

The series of the Trend Indicator of Output are seasonally adjusted with the Tramo/Seats method. The latest observations of the series adjusted for seasonal and random variation (seasonally adjusted and trend series) become revised with new observations in seasonal adjustment methods.

Working day adjusted change of total output from previous year's corresponding month, %

According to the working day adjusted series, primary production is estimated to have grown by just short of two per cent from April 2008. Secondary production contracted by just under 17 per cent and services by six per cent. Secondary production includes manufacturing and construction. Services comprise trade, hotel and restaurant activities, transport and business activities as well as real estate, renting and research services, financial intermediation and insurance, and public services. Primary production refers to agriculture, forestry and fishery.

Source: Trend Indicator of Output 2009, April Statistics Finland

Inquiries: Mr Samu Hakala +358 9 1734 3756, kansantalous.suhdanteet@stat.fi

Director in charge: Mr Ari Tyrkkö

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Last updated 8.7.2009

Referencing instructions:

Official Statistics of Finland (OSF): Trend Indicator of Output [e-publication].
ISSN=1798-5439. April 2009. Helsinki: Statistics Finland [referred: 12.8.2022].
Access method: http://www.stat.fi/til/ktkk/2009/04/ktkk_2009_04_2009-07-08_tie_001_en.html