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Published: 15 April 2015

Output of the national economy fell in February 2015

Seasonally adjusted output fell by 0.7 per cent in February from the month before. Adjusted for working days, output was 0.5 per cent lower than in February 2014. According to revised data, working-day adjusted output grew in January by 0.1 per cent (previously 0.7 per cent) from January 2014.

Volume of total output 2005 to 2015, trend and seasonally adjusted series

Volume of total output 2005 to 2015, 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. Revisions especially at turning points of economic trends may be significant, which should be taken into consideration when using seasonally adjusted and trend data.

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

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

Primary production went up by 1.6 per cent and services by 0.7 per cent from February 2014. Secondary production declined by four 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, hunting, forestry and fishing.


Source: Trend Indicator of Output 2015 February, Statistics Finland

Inquiries: Veli-Pekka Karvinen 029 551 2667, Samu Hakala 029 551 3756, kansantalous.suhdanteet@stat.fi

Director in charge: Mari Ylä-Jarkko

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Revisions in these statistics

Updated 15.4.2015

Referencing instructions:

Official Statistics of Finland (OSF): Trend Indicator of Output [e-publication].
ISSN=1798-5439. February 2015. Helsinki: Statistics Finland [referred: 22.7.2024].
Access method: http://www.stat.fi/til/ktkk/2015/02/ktkk_2015_02_2015-04-15_tie_001_en.html