Home > Statistics > Volume index of industrial output > 2010 > February > Industrial output contracted by 1.9 per cent in February

Industrial output contracted by 1.9 per cent in February

According to Statistics Finland, output of total industries adjusted for working days was 1.9 per cent lower in February 2010 than twelve months earlier. Seasonally adjusted output also contracted in relation to February. In contrast, in January output adjusted for working days grew by 1.8 per cent from January 2009. However, seasonally adjusted output contracted by one per cent from last year’s December.

Output in mining and quarrying increased by two per cent in February year-on-year. Output in industry adjusted for working days was also nearly four per cent down on February 2009. Output in electricity, gas, steam and air conditioning supply continued in February its growth that had started in last year’s December. The cold February raised the production of electricity and heat by 8.2 per cent from the year before. The whole industry, excluding production of electricity, fell by nearly four per cent in February and by good two per cent in January from one year back.

Volume index of industrial output, value added, original, working day adjusted, seasonally adjusted change percentage

Industry (Tol 2008)	Value added share	Original change percentage, 2010 FEB / 2009 FEB	Working day adj. change percentage, 2010 FEB / 2009 FEB	Seasonal adj. change percentage, 2010 FEB / 2010 JAN
Total industries	100,0	-1,9	-1,9	-1,3
B Mining and quarrying	1,3	2,0	2,0	19,8
C Manufacturing	86,1	-3,7	-3,7	-0,1
10 Manufacture of food products	5,0	-1,0	-1,0	1,9
11 Manufacture of beverages	0,9	-6,0	-6,0	5,0
13 Manufacture of textiles	0,6	13,2	13,2	9,6
14 Manufacture of wearing apparel	0,4	-2,3	-2,3	6,7
15 Manufacture of leather and related products	0,2	17,9	18,0	-8,1
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	4,6	20,5	20,5	-0,2
17 Manufacture of paper and paper products	8,3	15,9	15,9	1,7
18 Printing and reproduction of recorded media	1,8	-11,2	-11,2	-0,7
23 Manufacture of other non-metallic mineral products	3,2	3,6	3,6	-0,8
24 Manufacture of basic metals	6,1	28,1	27,9	5,0
25 Manufacture of fabricated metal products, except machinery and equipment	7,8	-19,3	-19,2	-4,9
28 Manufacture of machinery and equipment n.e.c.	9,7	-8,9	-8,9	5,5
29 Manufacture of motor vehicles, trailers and semi-trailers	1,2	-14,8	-14,8	-8,7
30 Manufacture of other transport equipment	1,2	-34,6	-34,6	-14,8
31 Manufacture of furniture	1,2	-16,5	-16,5	-0,8
32 Other manufacturing	1,1	-19,0	-19,0	-0,8
33 Repair and installation of machinery and equipment	3,0	-13,8	-13,8	-3,4
D Electricity, gas, steam and air conditioning supply	11,6	8,2	8,2	-0,8
E Water supply; sewerage, waste management and remediation activities	1,1	1,9	1,9	1,3
36 Water collection, treatment and supply	0,8	1,9	1,9	0,4
Main industrial groupings:
Raw materials and productive goods	38,6	8,9	8,9	2,1
Investment goods	34,2	-16,8	-16,8	-4,3
Durable goods	1,5	-16,4	-16,3	-1,1
Other consumer goods	10,5	-3,9	-3,9	0,9
Special indices:
10-11 Food industry	5,9	-1,7	-1,7	1,5
13-15 Textile, clothing and leather industry	1,3	8,5	8,5	6,9
16-17 Forest industry	12,8	17,4	17,3	1,6
19-22 Chemical industry	10,6	8,1	8,1	14,0
24-30 Metal industry	45,1	-11,2	-11,2	-2,0
26-27 Electrical and electronics industry	19,2	-18,1	-18,1	-4,8
25,28-30,33 Machinery and metal product industry	22,8	-15,0	-15,0	0,8
29-30 Manufacture of transport equipment	2,4	-23,7	-23,7	-13,1

1) 2005=100

Source: Volume Index of Industrial Output 2010, February. Statistics Finland

Inquiries: Aki Savolainen (09) 1734 2703, Kari Rautio (09) 1734 2479, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

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Updated 09.04.2010