Official Statistics of Finland

Trend Indicator of Output

Producer: Statistics Finland
Data:

Latest release:
National economy grew in April from the previous year, decrease from the month before
15 Jun 2018
Seasonally adjusted output fell by 0.9 per cent in April 2018 from the month before. In April, working-day adjusted output was 1.8 per cent higher than one year before. According to revised data, working-day adjusted output grew in March 2018 by 4.0 per cent (previously 3.1 per cent) from March 2017. The fact that Easter occurred in April in 2017 affected the working day adjustment, which is visible as a large growth figure in March and rather weak growth in April.

Next release:
13 Jul 2018

Description: The Trend Indicator of Output endeavours to forecast the monthly development of the national economy. It contains index series since January 1996. The data are in the form of an index whose base year is always the previous year. The data have been calculated as original and working day adjusted series for the whole economy and for three main industries. A seasonally adjusted and a trend series are also calculated for the whole economy.
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Keywords: business cycles, indices, national economy, production, volume indices.
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Change: New seasonal adjustment software adopted
13 Nov 2015
Starting from the September 2015 data, a new seasonal adjustment software JDemetra+ will be adopted in the Trend Indicator of Output.

Referencing instructions:

Official Statistics of Finland (OSF): Trend Indicator of Output [e-publication].
ISSN=1798-5439. Helsinki: Statistics Finland [referred: 22.6.2018].
Access method: http://www.stat.fi/til/ktkk/index_en.html

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