Turnover in industry decreased by 11.7 per cent in October 2023

Release related to topics:Enterprises
release | Index of turnover in industry 2023, October

According to Statistics Finland, working day adjusted turnover in industry (TOL BCD) decreased by 11.7 per cent in October 2023 from October 2022.

Key selections

  • Turnover decreased in October most in the forest industry.
  • Seasonally adjusted turnover in industry increased by 0.8 per cent in October from the month before.

Turnover decreased in several main industries in October

In October, turnover declined most strongly in the forest industry, by 27.4 per cent, and in the electrical and electronics industry, by 17.4 per cent from one year back. In the metal industry, turnover was 6.3 per cent lower than one year previously. Turnover grew in mining and quarrying, by 4.1 per cent, and in the food industry, by 1.3 per cent.

Export turnover decreased in October in nearly all main industries

Export turnover declined in nearly all main industries in October. Export turnover decreased most in the forest industry, by 31.7 per cent, and in the electronic and electrical industry, by 19.1 per cent from one year earlier. Export turnover in the metal industry decreased by 7.5 per cent. Export turnover grew in October only in mining and quarrying, by 28.4 per cent from one year ago.

Domestic turnover decreased in nearly all main industries in October. Domestic turnover decreased most in the forest industry and was 19.2 per cent lower than one year earlier. Domestic turnover in the metal industry went down by 3.6 per cent year-on-year. Domestic turnover grew only in the food industry and was by 3.7 per cent higher than in the previous year.

Turnover grew in October from the month before

Seasonally adjusted turnover in industry increased by 0.8 per cent in October 2023 compared to September. In September, turnover went up by 0.7 per cent and it was 1.3 per cent lower in August 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

Pick the data you need into tables, view the data as graphs, or download the data for your use.

Updated database tables
Classifications used:
  • Industry
  • Variable
Updated:
Classifications used:
  • Industry
  • Variable
Updated:
Classifications used:
  • Industry
  • Variable
Updated:
Classifications used:
  • Industry
  • Variable
Updated:
Classifications used:
  • Industry
  • Variable
Updated:
Classifications used:
  • Industry
  • Variable
Updated:

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Official Statistics of Finland (OSF): Index of turnover in industry [online publication].
Reference period: 2023, October. ISSN=1798-596X. Helsinki: Statistics Finland [Referenced: 31.3.2025].
Access method:

Statistical experts

Inquiries primarily

Jussi Haavisto
Senior Statistician
029 551 3341

Other experts

Heli Suonio
Statistician
029 551 2481

Head of Department in charge

Katri Kaaja
Head of Department in charge
029 551 3488