Finnish Industry and Construction Sector See Strong Growth in May
Finland’s industrial and construction sectors experienced significant growth in May, with turnover rising sharply compared to the same period last year, according to data from Statistics Finland.
Construction Sector Expands by Nearly 10%
The workday-adjusted turnover of construction industry companies increased by nearly 10% in May compared to May 2025, Yle reports. The growth follows an already strong performance in April, with May’s figures surpassing expectations. Senior Actuary Jussi Haavisto noted that the most pronounced expansion occurred in civil engineering, which drove much of the sector’s overall increase.
Industrial Turnover Rises Across Multiple Sectors
Industrial turnover, adjusted for working days, grew by 10.4% in May 2026 compared to the previous year, Daily Finland highlights. The chemical industry saw the strongest growth, with turnover surging by 19.7%, followed by mining and quarrying (13.8%) and electricity, gas, steam, and air conditioning supply (13.7%).
Other notable increases included:
- Metal industry: +7.8%
- Food industry: +4.4%
- Textile, clothing, and leather industry: +4.4%
- Forest industry: +4.1%
- Electronic and electrical industry: +2.1%
Export and Domestic Turnover Trends
Export turnover saw particularly strong gains in mining and quarrying (20.0%) and the chemical industry (16.2%), while the textile, clothing, and leather industry (6.5%), forest industry (5.2%), and metal industry (4.3%) also performed well. The only decline was in the electronic and electrical industry, where export turnover fell by 1.7%.
Domestic turnover increased across all major industries, with the chemical industry (26.5%), metal industry (17.3%), and electronic and electrical industry (17.0%) leading the growth. Smaller but still notable increases were recorded in mining and quarrying (5.5%), the food industry (3.3%), and the textile, clothing, and leather industry (3.0%).
Monthly Fluctuations
Seasonally adjusted industrial turnover rose by 1.0% in May compared to April, following slight declines in the previous two months—0.4% in April and 0.1% in March. The data suggests a rebound in industrial activity after a period of modest contraction.