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Published: 15 September 2015

In July, seasonally adjusted output remained on level with the previous month

In July, seasonally adjusted output remained on level with the previous month. Adjusted for working days, output rose by 0.5 per cent from July 2014. According to revised data, working-day adjusted output grew in June by 1.4 per cent (previously -0.9 per cent) from June 2014.

Volume of total output 2005 to 2015, trend and seasonally adjusted series

Volume of total output 2005 to 2015, trend and seasonally adjusted series

The series of the Trend Indicator of Output are seasonally adjusted with the Tramo/Seats method. The latest observations of the series adjusted for seasonal and random variation (seasonally adjusted and trend series) become revised with new observations in seasonal adjustment methods. Revisions especially at turning points of economic trends may be significant, which should be taken into consideration when using seasonally adjusted and trend data.

Working day adjusted change of total output from previous year’s corresponding month, %

Working day adjusted change of total output from previous year’s corresponding month, %

Working day adjusted primary production fell by two per cent and secondary production by one per cent. Services grew by one per cent from July 2014.

Primary production refers to agriculture, hunting, forestry and fishing. Secondary production includes manufacturing and construction. Services comprise trade, hotel and restaurant activities, transport and business activities, as well as real estate, renting and research services, financial intermediation and insurance, and public services.


Source: Trend Indicator of Output 2015 July, Statistics Finland

Inquiries: Ida Peltonen 029 551 3334, Veli-Pekka Karvinen 029 551 2667, kansantalous.suhdanteet@stat.fi

Director in charge: Ville Vertanen

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Revisions in these statistics

Updated 15.9.2015

Referencing instructions:

Official Statistics of Finland (OSF): Trend Indicator of Output [e-publication].
ISSN=1798-5439. July 2015. Helsinki: Statistics Finland [referred: 15.11.2024].
Access method: http://www.stat.fi/til/ktkk/2015/07/ktkk_2015_07_2015-09-15_tie_001_en.html