Output of the national economy decreased in September 2024

Release related to topics:National economy

release 14/11/2024 | Trend indicator of output 2024, September

According to Statistics Finland, output adjusted for working days decreased by 1.0 per cent in September 2024 from the previous year’s level. Seasonally adjusted output decreased by 1.4 per cent in September from the month before. Working day adjusted primary production grew by 4.7 per cent, secondary production decreased by 2.7 per cent and service industries went down by 0.5 per cent from September 2023.

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Key selections

Output adjusted for working days decreased in September by 1.0 per cent compared to September 2023.
Seasonally adjusted GDP grew in the third quarter of 2024 by 0.4 per cent from the previous quarter.
The number of employed persons decreased by 0.3 per cent from the previous quarter.
The number of hours worked fell by 0.8 per cent from the quarter before.

Statistics used in the release

Trend indicator of output

Figures

See key statistical data in the figures.

14/11/2024

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

Data revisions

See key statistical data in the tables.

14/11/2024

Revisions in these statistics

	2024M01	2024M02	2024M03	2024M04	2024M05	2024M06	2024M07	2024M08
Seasonally adjusted month-on-month change, %	1. release	0.9	-0.4	-1	-0.1	0.7	1	-0.8	0.4
Previous release	0.9	-0.2	-1	0.1	0.8	1.5	-0.7	0.6
Latest release	-0.8	1.8	-0.3	-0.9	0.5	1.6	-0.6	0.6
Revision, %-points (latest minus first)	-1.7	2.2	0.7	-0.8	-0.2	0.6	0.2	0.2
Working day adjusted year-on-year change, %	1. release	-1.2	0.8	-0.8	-2.3	-1.9	1.5	0	1.9
Previous release	-2.1	-0.5	-2.7	-2.9	-3.2	1.5	0	2.1
Latest release	-5	0.3	-0.6	-2.3	-3.3	1	-0.1	2.1
Revision, %-points (latest minus first)	-3.8	-0.5	0.2	0	-1.4	-0.5	-0.1	0.2

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:

14/11/2024

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: 2024, September. ISSN=1798-5439. Helsinki: Statistics Finland [Referenced: 15.11.2024].

Access method:

Statistical experts

Inquiries primarily

Service email

kansantalous.suhdanteet@stat.fi

Antti Kosunen

Senior Statistician

029 551 3613

Other experts

Esa-Petter Österman

Senior Statistician

029 551 3851

Eveliina Heinänen

Senior Statistician

029 551 3436

Head of Department in charge

Katri Kaaja

Head of Department in charge

029 551 3488