Home > Statistics > Volume index of industrial output > 2007 > May > In January to May industrial output was on level with the year before

Published: 29 June 2007

In January to May industrial output was on level with the year before

According to Statistics Finland, in January to May industrial output was on level with the corresponding period of last year. In May 2007, seasonally adjusted output was 2.6 per cent lower than in May 2006. However, industrial output went up by 0.9 per cent from April to May 2007. The volume index of industrial output describes development in the volume of the industrial output of establishments located in Finland. The preliminary data are based on a sample comprised of roughly 1,000 of the largest establishments within their respective industries.

Seasonally adjusted change in industrial output
from corresponding month of previous year, %

Output fell in several main industries in May. In the manufacture of chemicals the decrease in output amounted to 8.9 per cent. Output diminished by 5 per cent in the metal industry and by 4.1 per cent in the manufacture of electrical and electronic products. In May, growth industries included the wood and paper industry, where output grew by 4.8 per cent, and other manufacturing, where growth from twelve months back amounted to 0.6 per cent.

Seasonally adjusted change in industrial output 5/2006-5/2007, %

Industrial output went up by 0.9 per cent in May from April

According to Statistics Finland, seasonally adjusted industrial output was 0.9 per cent higher in May 2007 than in April.

Seasonally adjusted change in industrial output from previous month, %

Revised data for May 2007 will be published at 9 am on 31 July 2007 in connection with the industrial output data for June 2007. Because of the method used, seasonally adjusted figures for previous months may change even if the original figures do not become revised. The seasonally adjusted figures will also be adjusted for working days.

Source: Volume Index of Industrial Output 2007, May. Statistics Finland

Inquiries: Mr Pekka Hänninen +358 9 1734 2606, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

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Last updated 29.6.2007