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Home BUSINESSEconomic output falls in July
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Wed, 17 Sep, 2014 12:08:48 AM
FTimes Report, Sept 17

Working day adjusted output in the national economy decreased in June by 0.3 per cent from June 2013, according the Statistics Finland’s revised data.
 
But seasonally adjusted output in July remained on level with the previous month.
 
Adjusted for working days, the output was 0.8 per cent lower than in the previous year.  
 
The series of the Trend Indicator of Output is seasonally adjusted with the Tramo/Seats method.

Working day adjusted change of total output from previous year’s corresponding month, %. Source: Statistics Finland.
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.

Primary production went up and secondary production went down by four per cent from July 2013. Services remained on level with the year before, the data show.
 

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