Industrial output grew in June 2024 both month-on-month and year-on-year

Release related to topics:Enterprises
release | Volume index of industrial output 2024, June

Seasonally adjusted industrial output (TOL BCD) grew by 3.6 per cent in June from the month before. According to Statistics Finland, industrial output adjusted for working days went up by 3.1 per cent compared to one year ago.

Key selections

  • In June 2024, industrial output grew by over three per cent both from the year before and from the previous month.
  • Of the main industries, output grew most compared to May in electricity, gas, steam and air conditioning supply.
  • Output decreased from the previous month only in the forest industry and the food industry.

Output grew in June in nearly all examined main industries

Adjusted for working days, industrial output (C) grew by 2.7 per cent in June 2024 from one year earlier. Output grew by 2.2 per cent from the previous month.

In June, industrial output grew from the previous month in nearly all main industries examined in the chart. Output increased most in electricity, gas, steam and air conditioning supply (15.8%) and in the chemical industry (10.2%). Output was 6.8 per cent higher in the electrical and electronics industry and 2.2 per cent higher in the metal industry than in the previous month. Output in mining and quarrying remained on level with May.

Output decreased slightly from the previous month only in the forest industry (-0.9%) and in the food industry (-0.5%).

Tables

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Volume index of industrial output, share of industry in total industries (BCD), original, working day adjusted, seasonally adjusted change percentage 6/2024

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Updated database tables
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    Classifications used:
    • Standard Industrial Classification (TOL 2008)
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    Referencing instructions

    Official Statistics of Finland (OSF): Volume index of industrial output [online publication].
    Reference period: 2024, June. ISSN=1798-9272. Helsinki: Statistics Finland [Referenced: 6.10.2024].
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