ForexFinland Industrial Output Drops Further In July

(RTTNews) - Thursday, a report by Statistics Finland said the working day adjusted industrial output dropped 24% year-on-year in July, faster than a 19.9% drop in the preceding month.
The electrical and electronics industry showed the largest drop in output of 36.1%, followed by a 32.8% fall in the forest industry and a 32.4% decline in the metal industry.
Month-on-month, the seasonally adjusted industrial output fell 3.1%, after a 1.3% growth in the preceding month.
In the January to July period, output fell 23% from the same period last year.