Production: Manufacturing: Intermediate Goods: Total for Finland
FINPRMNIG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.70
Year-over-Year Change
-0.09%
Date Range
1/1/1990 - 10/1/2023
Summary
This economic trend measures the total production of intermediate goods in the manufacturing sector of Finland. It is a key indicator of industrial activity and economic health.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Production: Manufacturing: Intermediate Goods: Total for Finland series tracks the volume of intermediate goods produced by Finnish manufacturers. Intermediate goods are products used as inputs for further processing or assembly, providing insights into the strength of the broader manufacturing industry.
Methodology
The data is collected and calculated by Statistics Finland based on surveys of manufacturing facilities.
Historical Context
This trend is closely monitored by policymakers, economists, and investors to gauge the performance of Finland's industrial base and broader economic conditions.
Key Facts
- Finland is a major exporter of manufactured intermediate goods.
- Intermediate goods production accounts for over 25% of Finland's GDP.
- This metric has shown steady growth since the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total production volume of intermediate goods within the manufacturing sector of Finland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and performance of Finland's industrial base, which is a key driver of the country's overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Statistics Finland based on surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor this trend to assess the strength of Finland's industrial sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays, providing timely insights into Finland's manufacturing performance.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Intermediate Goods: Total for Finland (FINPRMNIG01IXOBSAM), retrieved from FRED.