30 November 2000
Inquiries: Mr Kari Rautio +358 9 1734 3615, kari.rautio@stat.fi
Director in charge: Mr Ilkka Hyppönen
Record growth for industrial output in October
According to Statistics Finland, industrial output as calculated per working day was as much as 18.2 per cent higher in October 2000 than in October 1999. In Finland growth figures have last been higher than this over 20 years ago, in July 1980. These exceptionally high growth figures are partly explained by the slow growth of only good 2 per cent in the reference period, i.e. last year's October. In the January to October period, industrial output grew by 10.7 per cent compared to the same period last year. These instant preliminary data are based on information available to Statistics Finland on 29 November.
A more accurate growth percentage of industrial output and data by industry for October will be published on 15 December 2000 at 7 am.
According to the data published on 15 November 2000, the growth of industrial output for September was 13.9 per cent, which is 0.3 percentage points lower than the figure given in the instant preliminary data released on 30 October 2000.
Source: Volume Index of Industrial Output 2000, October, preliminary data. Statistics Finland