Industrial output in Finland remained stagnant year-on-year in January 2026, reversing from an upwardly revised 2.3% rise in December. Manufacturing production fell (-1.8% vs 3.5% in December), reversing gains from previous month, dragged down by declines in paper and paper products (-10.4% vs 0.5%), printing and reproduction of recorded media (-3.1% vs -0.2%), the chemical industry (-4.5% vs 19.6%), furniture (-8.4% vs -4.3%), and repair and installation of machinery and equipment (-12.3% vs -7.7%). Output also contracted in mining and quarrying (-0.6% vs 8.8%), while electricity, gas, steam, and air conditioning supply rebounded (6.8% vs -4.2%). On a seasonally adjusted monthly basis, industrial output fell 1.1% in January, following a downwardly revised 0.7% decline in December.