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Turnover in industry decreased by 15.7 per cent in August 2023

release | Index of turnover in industry 2023, August

According to Statistics Finland, working day adjusted turnover in industry (TOL BCD) decreased by 15.7 per cent in August 2023 from August 2022.

Key selections

  • Turnover decreased in August most in the industry of electricity, gas, steam and air conditioning supply.
  • Seasonally adjusted turnover in industry decreased by 0.8 per cent in August from the month before.

Turnover decreased in several main industries in August

Turnover declined in August most in electricity, gas, steam and air conditioning supply, by 36.8 per cent from one year ago. Turnover in the forest industry was 19.3 per cent lower and in the metal industry 9.5 per cent lower than one year earlier. Turnover grew only in the food industry, by 1.6 per cent, and in the textile industry, by 0.5 per cent from one year ago.

Export turnover decreased in August in nearly all main industries

Export turnover declined in nearly all main industries in August. Export turnover decreased most in the electronic and electrical industry, by 25.0 per cent, and in the forest industry, by 24.9 per cent from one year earlier. Export turnover in the metal industry decreased by 12.6 per cent. Export turnover grew only in the textile industry and was 3.2 per cent higher than in the previous year.

Domestic turnover decreased in several main industries in August. Domestic turnover decreased most in the chemical industry, by 15.5 per cent from one year back. In the forest industry, domestic turnover decreased by 6.6 per cent and in the metal industry by 2.1 per cent. Domestic turnover grew in the electrical and electronics industry by 18.7 per cent, and in the food industry by 1.9 per cent from one year back.

Turnover decreased in August from the previous month

Seasonally adjusted turnover in industry decreased by 0.8 per cent in August 2023 compared to July. In July, turnover went down by 0.3 per cent, while in June it was 2.5 per cent lower than in the previous month.

Tables

See key statistical data in the tables.

Annual change of working-day adjusted turnover in industries of manufacturing, % (TOL 2008)

Data revisions

See key statistical data in the tables.

Revisions to annual changes in the working-day adjusted turnover in main industries of manufacturing

Revisions to long-term annual changes in working day adjusted turnover in sectors of manufacturing

Database tables

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Updated database tables
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  • Variable
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  • Variable
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Statistical experts

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Heli Suonio
Statistician
029 551 2481
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