Output of the national economy grew in December 2023

Release related to topics:National economy

release 14/02/2024 | Trend indicator of output 2023, December

According to Statistics Finland, output adjusted for working days decreased in December 2023 by 0.6 per cent from one year ago. Seasonally adjusted output grew by 0.4 per cent in December from the month before. According to revised data, working day adjusted output grew in November 2023 by 0.8 per cent (previously -0.7 %) from November last year.

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Key selections

In December 2023, output adjusted for working days grew by 0.4 per cent from November.
Seasonally adjusted GDP is estimated to have decreased by around 0.4 per cent in the fourth quarter of 2023 from the previous quarter.
The number of employed persons is estimated to have grown by 0.5 per cent from the previous quarter.
The number of hours worked is estimated to have increased by 0.3 per cent from the quarter before.

Statistics used in the release

Trend indicator of output

Figures

See key statistical data in the figures.

14/02/2024

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

Data revisions

See key statistical data in the tables.

14/02/2024

Revisions in these statistics

	2023M04	2023M05	2023M06	2023M07	2023M08	2023M09	2023M10	2023M11
Seasonally adjusted month-on-month change, %	1. release	0.7	0.8	-0.3	0.7	0	0.2	0	0.2
Previous release	0.1	1.7	-1.7	0	-1	1.1	-0.9	0.2
Latest release	0.1	1.6	-1.8	0.1	-1	1.1	-1.2	0.3
Revision, %-points (latest minus first)	-0.6	0.8	-1.5	-0.6	-1	0.9	-1.2	0.1
Working day adjusted year-on-year change, %	1. release	1.3	1.9	0.7	1.5	0.3	-0.3	-0.8	-0.7
Previous release	-0.2	2.1	-0.1	0	-1.8	-0.2	-1.4	-0.7
Latest release	-0.2	2.1	-0.2	0	-1.9	-0.2	-1.6	-0.8
Revision, %-points (latest minus first)	-1.5	0.2	-0.9	-1.5	-2.2	0.1	-0.8	-0.1

Database tables

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Updated database tables

132f

Trend indicator of output, monthly(External link)

Classifications used:

Industry

Reference period cycle:

month

Updating frequency:

month

Statistics:

Trend indicator of output

Updated:

13/12/2024

Future releases

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Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Trend indicator of output [online publication].

Reference period: 2023, December. ISSN=1798-5439. Helsinki: Statistics Finland [Referenced: 22.12.2024].

Access method:

Statistical experts

Inquiries primarily

Service email

kansantalous.suhdanteet@stat.fi

Antti Kosunen

Senior Statistician

029 551 3613

Other experts

Eveliina Heinänen

Senior Statistician

029 551 3436

Ville Huhtala-Hedman

Senior Statistician

029 551 3719

Head of Department in charge

Katri Kaaja

Head of Department in charge

029 551 3488