15 November 2000
Inquiries: Mr Rami Peltola +358 9 1734 3615, Mr Kari
Rautio +358 9 1734 2479
Director in charge: Mr Ilkka Hyppönen
Industrial output grew by 13.9 per cent from the previous year in September
According to Statistics Finland, industrial output as calculated per working day grew by 13.9 per cent in the year to September. In the January to September period, output increased by 9.9 per cent from the year before.
Output in the metal industry went up by good 28 per cent compared to September 1999. Output growth continued in all main branches of the metal industry. The manufacture of electrical equipment increased most, by as much as 48 per cent. Almost 17 per cent more metal products were manufactured than in last year's September.
Output in the wood and paper industry grew by 5 per cent in September. In the chemical industry output increased by only good 4 per cent. This slower growth was mainly due to maintenance stoppage of oil refining. Output in other manufacturing industry went up by 3.5 per cent. Energy supply fell by nearly 4 per cent in September, primarily because of domestic production being replaced by exports of energy.
Capacity utilisation rate in manufacturing was almost 90 per cent in September. In the pulp and paper industry, capacity utilisation rate was good 97 per cent, in the metal industry good 92 per cent and in the chemical industry 79 per cent. Capacity utilisation rate in other manufacturing was 82 per cent.
Source: Volume Index of Industrial Output 2000, September. Statistics Finland