FOREX TradingCharts.com

Financial News: Finland Industrial Production Decline Worst In 13 Months

Finland Industrial Production Decline Worst In 13 Months

07/10/2019 - 02:46:00 (RTTNews)

(RTTNews) - Finland's industrial production fell at the fastest pace in thirteen months in May, figures from Statistics Finland showed on Wednesday.

Industrial production declined a seasonally adjusted 2.8 percent month-on-month in May, reversing a 2.6 percent rise in April. This was the worst drop since April last year, when output fell 5.0 percent.

Production declined the most in the mining and quarrying industry, by 37.5 percent annually in May. Output in the electrical and electronics industry fell by 8.5 percent.

Meanwhile, production in electricity, gas steam and air conditioning supply grew by 2.6 percent.

On a year-on-year basis, industrial production fell a working day and seasonally adjusted 0.3 percent in May, after a 7.0 percent rise in the preceding month.

Separate data from Statistics Finland showed that the manufacturing new orders rose 3.4 percent annually in May, after a 0.9 percent growth in April.

During the January to May period, new orders grew by 2.3 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Inflation Data Due On Friday (02 hr(s), 12 min(s), 21 sec(s) ago)
(RTTNews) - Japan will on Friday release June numbers for nationwide consumer prices, highlighting ...Full Story»

U.S. Leading Economic Index Unexpectedly Drops 0.3% In June (09 hr(s), 27 min(s), 21 sec(s) ago)
(RTTNews) - Reflecting weaknesses in new orders for manufacturing, housing permits, and unemployme ...Full Story»

South Africa CB Cuts Interest Rate, Growth Forecast (09 hr(s), 46 min(s), 21 sec(s) ago)
(RTTNews) - South Africa's central bank cut its key interest rate on Thursday and slashed its ...Full Story»

Philadelphia Manufacturing Shows Substantial Reacceleration In July (10 hr(s), 40 min(s), 21 sec(s) ago)
(RTTNews) - After reporting nearly stagnant Philadelphia-area manufacturing activity in the previo ...Full Story»

U.S. Weekly Jobless Claims Rise In Line With Estimates (10 hr(s), 42 min(s), 21 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

Indonesia Cuts Interest Rates For First Time In Nearly 2 Years (11 hr(s), 0 min(s),21 sec(s) ago)
(RTTNews) - Indonesia's central bank cut its key interest rate for the first time in nearly tw ...Full Story»

Philly Fed Index Jumps Much More Than Expected In July (11 hr(s), 29 min(s), 21 sec(s) ago)
(RTTNews) - After reporting nearly stagnant Philadelphia-area manufacturing activity in the previo ...Full Story»

U.S. Weekly Jobless Claims Inch Up To 216,000 (11 hr(s), 34 min(s), 21 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Inflation Data Due On Friday

07/18/2019 - 17:59 PM (RTTNews)
(RTTNews) - Japan will on Friday release June numbers for nationwide consumer prices, highlighting ...Full Story>>

U.S. Leading Economic Index Unexpectedly Drops 0.3% In June

07/18/2019 - 10:44 AM (RTTNews)
(RTTNews) - Reflecting weaknesses in new orders for manufacturing, housing permits, and unemployme ...Full Story>>

South Africa CB Cuts Interest Rate, Growth Forecast

07/18/2019 - 10:25 AM (RTTNews)
(RTTNews) - South Africa's central bank cut its key interest rate on Thursday and slashed its ...Full Story>>

Philadelphia Manufacturing Shows Substantial Reacceleration In July

07/18/2019 - 09:31 AM (RTTNews)
(RTTNews) - After reporting nearly stagnant Philadelphia-area manufacturing activity in the previo ...Full Story>>

U.S. Weekly Jobless Claims Rise In Line With Estimates

07/18/2019 - 09:29 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Thursday showed first-time claims for U.S ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.