Finland Times

 

Volume of total output 2005 to 2015, trend and seasonally adjusted series. Source: Trend Indicator of Output 2015 February, Statistics Finland.

Seasonally adjusted output of the national economy fell by 0.7 per cent in February from the month before.

 

Adjusted for working days, output was 0.5 per cent lower than in February 2014, according to Statistics Finland.

 

Working-day adjusted output grew in January by 0.1 per cent from January 2014, the revised data show.

 

The series of the Trend Indicator of Output are seasonally adjusted with the Tramo/Seats method.

 

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. Revisions especially at turning points of economic trends may be significant, which should be taken into consideration when using seasonally adjusted and trend data.

 

Working day adjusted change of total output from previous year’s corresponding month, %. Source: Trend Indicator of Output 2015 February, Statistics Finland.

Primary production went up by 1.6 per cent and services by 0.7 per cent from February 2014. 

 

Primary production refers to agriculture, hunting, forestry and fishing.

 

The secondary production includes manufacturing and construction which declined by four per cent.