Winners and losers in industrial profitability
Mäki-Fränti, Petri (27.01.2017)
Volyymi
90Numero
5/2016Julkaisija
Bank of Finland
2017
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201701311085Tiivistelmä
Despite the recent weakness in profitability, operating profits in Finnish manufacturing have generally developed steadily. After the electronic and electrical industry, the chemical industry, particularly the pharmaceutical industry, has become the sector with the second highest profitability. In the short-term, industrial profitability has reflected fluctuations in export demand but, in the long-term, it has also tracked the development of relative wages.