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29 September, 2000

Inquiries: Mr Kari Rautio +358 9 1734 2479, kari.rautio@stat.fi
Director in charge: Mr Ilkka Hyppönen

Strong growth of industrial output continued in August

According to Statistics Finland, industrial output as calculated per working day was as much as 13.5 per cent higher in August 2000 than in August 1999. In the January to August period, industrial output grew by 9.3 per cent compared to the same period last year. These instant preliminary data are based on information available to Statistics Finland on 28 September.

A more accurate growth percentage of industrial output and data by industry for August will be published on 13 October 2000 at 7 am.

According to the data published on 15 September 2000, the growth of industrial output for July was 10.9 per cent, which is 0.9 percentage points higher than the figure given in the instant preliminary data released on 31 August 2000. The difference is mainly caused by that the weight structure of the index by establishment was changed in line with the situation in 1999. In addition, the growth percentages for 1998 and 1999 have been specified due to quality checks made on the statistics every year.

Source: Volume Index of Industrial Output 2000, August, preliminary data. Statistics Finland