Turnover in industry decreased by 3.2 per cent in October 2024

Release related to topics:Enterprises
release | Index of turnover in industry 2024, October

According to Statistics Finland, working day adjusted turnover in industry (TOL BCD) decreased by 3.2 per cent in October 2024 from October 2023.

Key selections

  • Turnover grew most in October 2024 in the electronic and electrical industry, by 6.7 per cent from one year ago.
  • Turnover decreased in October most in the industry of electricity, gas, steam and air conditioning supply, by 17.7 per cent from one year ago.
  • Seasonally adjusted turnover in industry decreased by 0.6 per cent in October from the month before.

Turnover grew in several main industries

Turnover grew in October in several main industries. Turnover grew most in the electronic and electrical industry, being 6.7 per cent higher than one year earlier. Turnover in the forest industry increased by 5.4 per cent. Turnover grew in mining and quarrying by 4.9 per cent and in the metal industry by 1.7 per cent from one year ago. Turnover decreased most in electricity, gas, steam and air conditioning supply, up by 17.7 per cent from one year back. In the chemical industry, turnover was 10.1 per cent lower than one year previously.

Export turnover grew in nearly all main industries

Export turnover grew in nearly all main industries in October. The growth was strongest in the forest industry, where export turnover was 17.8 per cent higher than one year earlier. Export turnover grew by 8.3 per cent in mining and quarrying and by 7.6 per cent in the electronic and electrical industry from one year ago. Export turnover grew by 6.2 per cent in the food industry and by 0.6 per cent in the metal industry. Export turnover decreased only in the chemical industry, by 7.5 per cent from twelve months earlier.

In October, domestic turnover grew most in the electronic and electrical industry, by 8.9 per cent from one year ago. In mining and quarrying, domestic turnover grew by 2.8 per cent and in the metal industry by 1.8 per cent. Domestic turnover decreased most in the forest industry (-16.7%) and in the chemical industry (-15.4%).

Turnover decreased in October from the previous month

Seasonally adjusted turnover in industry decreased by 0.6 per cent in October 2024 compared to September. Turnover decreased by 0.2 per cent in September and by 1.3 per cent in August from 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

Database tables

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Updated database tables
Classifications used:
  • Industry
  • Variable
Reference period cycle:
month
Updating frequency:
month
Updated:
Classifications used:
  • Industry
  • Variable
Reference period cycle:
quarter
Updating frequency:
month
Updated:
Classifications used:
  • Industry
  • Variable
Reference period cycle:
half year
Updating frequency:
month
Updated:
Classifications used:
  • Industry
  • Variable
Reference period cycle:
year
Updating frequency:
month
Updated:
Classifications used:
  • Industry
  • Variable
Reference period cycle:
month
Updating frequency:
month
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: 2024, October. ISSN=1798-596X. Helsinki: Statistics Finland [Referenced: 5.12.2024].
Access method:

Statistical experts

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Jussi Haavisto
Senior Statistician
029 551 3341

Other experts

Heli Suonio
Statistician
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Katri Kaaja
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