Finland industrial production increases for second month
Industrial production rose 3.4% month-on-month in February, following a 0.2% rise in January.
Output rose for the second consecutive month. Manufacturing output increased 2.6% monthly in February and production of mining and quarrying industry grew 4.8%.
Among industries, production in electrical and electronics industry, and electrical, gas, steam and air conditioning supply rose by 4.2% and 4.1%, respectively.
Production in metal industry rose by 3.8% and those of chemical industry gained 2.7%. Production in food industry and forest industry increased by 1.8% and 0.4%, respectively.
Year-on-year
On a yearly basis, industrial output accelerated 5.5% in February, after a 0.4% fall in the previous month.
Separate data from the statistical office showed that the industrial orders surged 18.9% yearly in February, after a 6.5% decline in January.