Output of the national economy grew in April 2022
Change
According to Statistics Finland, output adjusted for working days grew in April 2022 by 4.0 per cent from one year ago. Seasonally adjusted output grew by 0.7 per cent in April from the month before. According to revised data, working day adjusted output grew in March 2022 by 5.0 per cent (previously 5.4%) from March last year. Working day adjusted primary production increased by around six per cent. Secondary production grew by about five per cent and services by around three per cent from April 2021.
Key selections
- Adjusted for working days, output went up by 4.0 per cent in April from one year back.
- Seasonally adjusted output grew by 0.7 per cent from the month before.
- Working day adjusted primary production increased by around six per cent. Secondary production grew by about five per cent and services by around three per cent from April 2021.
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 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.
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