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National economy

Output of the national economy grew in June 2022 year-on-year

release | Trend indicator of output 2022, June

According to Statistics Finland, output adjusted for working days grew in June 2022 by one per cent from one year ago. Seasonally adjusted output fell by 0.2 per cent in June from the month before. According to revised data, working day adjusted output grew in May 2022 by 2.6 per cent (previously 2.5%) from May last year. Working day adjusted primary production fell by around one per cent, secondary production grew by about four per cent and services fell by around one per cent from June 2021.

Key selections

  • Adjusted for working days, output went up by one per cent in June from one year back.
  • Seasonally adjusted output fell by 0.2 per cent in June from the month before.
  • Seasonally adjusted GDP is estimated to have grown in the second quarter of 2022 by around 0.6 per cent from the previous quarter.
  • GDP adjusted for working days increased by around 2.3 per cent from one year back.
  • Adjusted for working days, the number of employed persons grew by 2.8 per cent. Hours worked grew by 0.6 per cent year-on-year in the second quarter of 2022.

Primary production refers to agriculture, hunting, forestry and fishing. 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.

The data are based on preliminary data of the Trend Indicator of Output. The next quarterly national accounts with more detailed data will be published on 31 October 2022.

Data revisions

See key statistical data in the tables.

Revisions in these statistics

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Updated database tables
Classifications used:
  • Industry
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Statistical experts

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Antti Kosunen
Senior Statistician
029 551 3613
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