Home > Statistics > Volume index of industrial output > 2007 > November > Industrial output declined by a good one per cent in November

Published: 28 December 2007

Industrial output declined by a good one per cent in November

According to Statistics Finland, seasonally adjusted industrial output was 1.1 per cent lower in November 2007 than twelve months earlier. The highest growth was recorded in energy supply, other metal industry and other manufacturing. Output decreased most, by a good 11 per cent, in the manufacture of electrical and electronic products. In the wood and paper industry, output fell by just under one per cent. In the January to November period, industrial output increased by 0.2 per cent from the corresponding period in the year before.

These data derive from the volume index of industrial output, which describes the development in the volume of the industrial output of the largest establishments located in Finland. The preliminary data are based on a sample of roughly 1,000 of the largest establishments within their respective industries.

Revised data for November 2007 will be published at 9 am on 31 January 2008 in connection with the industrial output data for December 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.

Statistics Finland's preliminary volume index of industrial output describes the volume of commodities produced for export or for the domestic market by industrial establishments operating in Finland. In recent years the preliminary figures of the volume index have tended to go up in final revisions.

 

Seasonally adjusted change in industrial output by industry 11/2006-11/2007, %

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

Seasonally adjusted change in industrial output from previous month, %

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

Inquiries: Mr Jukka Oikarinen +358 9 1734 2969,volyymi.indeksi@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 28.12.2007