Indicator predicting total production

Last updated 18/06/2020 - 07:43

Production growth halted at the beginning of the year

Production growth in the Helsinki region slowed down significantly in the first quarter of 2020. By the end of the quarter, the coronavirus epidemic had a negative impact on production especially in the service sector. According to estimates, production volume increased by just over one per cent from the previous year in January–March. Throughout Finland, production decreased compared to the year before. The manufacturing and construction sectors as well as information and business services continued to grow in the Helsinki region. However, business in the accommodation and restaurant sectors as well as in the transportation and trade sectors began to decrease.