Home > Statistics > Index of turnover in industry > 2012 > July > Turnover in manufacturing grew by good 2 per cent year-on-year in May to July

Published: 25 October 2012

Turnover in manufacturing grew by good 2 per cent year-on-year in May to July

According to Statistics Finland, in the May to July period turnover in manufacturing was 2.5 per cent up on the corresponding period of the year before. Domestic sales grew by 0.2 per cent and export turnover by 4.4 per cent from one year ago.

Annual change in turnover in selected manufacturing industries during 5/2012–7/2012 and 5/2011–7/2011, % (TOL 2008)

Turnover went up from the corresponding period of the previous year in nearly all sub-industries. The strongest growths were recorded in mining and quarrying (12.7%), the electronic and electrical industry (4.5%) and the metal industry (4.5%). By contrast, turnover contracted in electricity, gas, steam and air conditioning supply (-9.0%), the forest industry (-3.7%) and the textile, clothing and leather industry (-2.0%).

The index of turnover in industry describes enterprises whose main industry is manufacturing. The calculation of the indices is based on the Tax Administration’s value added tax data which are supplemented with data obtained with Statistics Finland’s sales inquiry. The monthly turnovers of manufacturing enterprises can vary considerably, especially in the metal industries. The variation is mainly due to invoicing practices. The final invoice for major machinery deliveries and projects may be recorded in the sales of one month, even if the delivery had required the work of several months or years.

Source: Index of turnover in industry 2012, July, Statistics Finland

Inquiries: Mira Kuussaari 09 1734 3538, Kirsi-Maaria Manninen 09 1734 2681, myynti.teollisuus@stat.fi

Director in charge: Hannele Orjala

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Appendix tables

• Appendix table 1. Year-on-year change in turnover by industry, % (TOL 2008) (25.10.2012)

Figures

• Appendix figure 1. Trend series on total turnover, domestic turnover and export turnover in manufacturing 1/2000 - 7/2012 (25.10.2012)
• Appendix figure 2. Trend series on total turnover, domestic turnover and export turnover in the forest industry 1/2000 - 7/2012 (25.10.2012)
• Appendix figure 3. Trend series on total turnover, domestic turnover and export turnover in the chemical industry 1/2000 - 7/2012 (25.10.2012)
• Appendix figure 4. Trend series on total turnover, domestic turnover and export turnover in the electronic and electrical industry 1/2000 - 7/2012 (25.10.2012)

Revisions in these statistics

• Revisions in these statistics (25.10.2012)

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Updated 25.10.2012