Finland Times

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Home BUSINESSNational economy output go up in Jan
Sun, 15 Mar, 2015 12:06:59 AM
FTimes Report, Mar 15

Seasonally adjusted output grew by 1.5 per cent in January 2015 from the month before. Adjusted for working days, the output was 0.7 per cent higher than in January 2014, according to Statistics Finland’s revised data.

The working day correction affected the growth figures of January considerably as, according to the original series, output of the national economy decreased by 1.4 per cent from one year ago in January. This was largely because January 2015 had one working day less than January 2014.

The working-day adjusted output decreased in December 2014 by 1.1 per cent from December 2013, the data show.

Services went up by one per cent from January 2014 while primary and secondary production remained at last year's level.

Secondary production includes manufacturing and construction and the primary production refers to agriculture, hunting, forestry and fishing.

Services comprise trade, hotel and restaurant activities, transport and business activities, as well as real estate, renting and research services, financial intermediation and insurance, and public services.



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