Output of the national economy grew in June 2023 year-on-year but decreased from the month before

Release related to topics:National economy
release | Trend indicator of output 2023, June

According to Statistics Finland, output adjusted for working days grew in June 2023 by 0.7 per cent from one year ago. Seasonally adjusted output in June decreased by 0.3 per cent from the month before. According to revised data, working day adjusted output grew in May 2023 by 1.1 per cent (previously 1.9%) from May last year. Working day adjusted primary production increased by around two per cent. Secondary production decreased by about eight per cent and services grew by around four per cent from June 2022.

Key selections

  • Adjusted for working days, output went up by 0.7 per cent in June from one year back.
  • Seasonally adjusted output in June decreased by 0.3 per cent from the month before.
  • According to preliminary data, seasonally adjusted GDP grew in the second quarter of 2023 by around 0.7 per cent from the previous quarter.
  • GDP adjusted for working days increased by about 0.2 per cent from one year back.
  • Adjusted for seasonal variation, the number of employed persons grew by around 0.1 per cent from the previous quarter. The number of hours worked decreased by around 0.2 per cent from the previous quarter.

Figures

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Annual change in volume of the working day adjusted series, %

Data revisions

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Revisions in these statistics

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Updated database tables
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  • Industry
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Documentation

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Referencing instructions

Official Statistics of Finland (OSF): Trend indicator of output [online publication].
Reference period: 2023, June. ISSN=1798-5439. Helsinki: Statistics Finland [Referenced: 5.11.2024].
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Statistical experts

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Antti Kosunen
Senior Statistician
029 551 3613

Other experts

Eveliina Heinänen
Senior Statistician
029 551 3436

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Katri Kaaja
Head of Department in charge
029 551 3488