Turnover in industry decreased by 8.3 per cent in May 2023

Turnover decreased in several main industries in May

Turnover decreased most in electricity, gas, steam and air conditioning supply in May and was 23.9 per cent lower than one year earlier. Turnover in the chemical industry decreased by 18.2 per cent and in the forest industry by 16.4 per cent from one year ago. Turnover grew most strongly in the electrical and electronics industry, by 14.3 per cent from twelve months earlier.

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Export turnover decreased most in mining and quarrying in May

Export turnover decreased in several main industries in May. Export turnover decreased most in mining and quarrying, by 34.7 per cent from twelve months earlier. Export turnover decreased by 22.0 per cent in the forest industry and by 20.1 per cent in the chemical industry from one year ago. Export turnover grew most in the electronic and electrical industry and was 14.3 per cent higher than one year earlier.

Domestic turnover also decreased in May in several main industries. Domestic turnover decreased most in the chemical industry, by 14.5 per cent from one year ago. Domestic turnover in mining and quarrying was 10.4 per cent lower and in the forest industry 4.8 per cent lower than one year earlier. Domestic turnover grew most in the electrical and electronics industry, by 14.5 per cent from one year ago.

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Turnover decreased in May from the previous month

Seasonally adjusted turnover in industry decreased by 0.3 per cent in May 2023 compared to April. In April, turnover went down by 4.0 per cent, while in March it was 2.0 per cent higher than in the previous month.

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