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Published: 10 August 2018

Industrial output grew in June both year-on–year and the month before

Seasonally adjusted industrial output (TOL BCD) grew by 1.6 per cent in June from the month before. According to Statistics Finland, industrial output adjusted for working days was 5.4 per cent higher in June 2018 than in June 2017. Adjusted for working days, industrial output went up by 4.5 per cent in January to June from one year back.

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2018/06

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2018/06

Seasonally adjusted output went up by 1.6 per cent in June from the month before. In May, seasonally adjusted output went up by 0.4 per cent from April.

Seasonally adjusted change in industrial output (BCD) from previous month, %, TOL 2008

Seasonally adjusted change in industrial output (BCD) from previous month, %, TOL 2008

Examined by main industry, seasonally adjusted industrial output grew most in June in the metal industry, by 3.7 per cent. Seasonally adjusted industrial output fell most in the electrical and electronics industry, by 3.2 per cent. In the forest industry, seasonally adjusted output fell by 0.1 per cent from May.

Seasonal adjusted change in industrial output by industry, 05/2018 to 06/2018, %, TOL 2008

Seasonal adjusted change in industrial output by industry, 05/2018 to 06/2018, %, TOL 2008

Revised data for June 2018 will be published at 9 am on 10 September 2018 in connection with the release of industrial output data for July 2018. The revision is influenced by the estimation used in the latest release, which concerns the periodic tax return data used for enterprises with fewer than 50 employees. Because of the method used, seasonally adjusted figures for previous months may change even if the original figures do not become revised. The seasonally adjusted figures will also be adjusted for working days.


Source: Volume Index of Industrial Output 2018, June. Statistics Finland

Inquiries: Kari Rautio 029 551 2479, Maarit Mäkelä 029 551 3324, volyymi.indeksi@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 10.8.2018

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. June 2018. Helsinki: Statistics Finland [referred: 19.4.2024].
Access method: http://www.stat.fi/til/ttvi/2018/06/ttvi_2018_06_2018-08-10_tie_001_en.html