Home > Statistics > Volume index of industrial output > 2014 > May > Industrial output decreased by 3.1 per cent year-on-year in May

Industrial output decreased by 3.1 per cent year-on-year in May

According to Statistics Finland, output of total industries adjusted for working days was 3.1 per cent lower in May 2014 than twelve months earlier. Seasonally adjusted output fell by 0.2 per cent in May from April.

Adjusted for working days, industrial output (C) decreased by 2.8 per cent in May from one year back. In May, seasonally adjusted output went down by 0.6 per cent from April.

Table 1. Volume index of industrial output, value added, original, working day adjusted, seasonally adjusted change percentage

	Value added share	Original change percentage, 2014 MAY / 2013 MAY	Working day adj. change percentage, 2014 MAY / 2013 MAY	Seasonal adj. change percentage, 2014 MAY / 2014 APR
Industry (Tol 2008)
Total industries	100,0	-4,6	-3,1	-0,2
B Mining and quarrying	2,0	-19,5	-9,5	-10,8
C Manufacturing	83,9	-4,6	-2,8	-0,6
10 Manufacture of food products	7,1	-9,2	-6,8	-4,9
11 Manufacture of beverages	1,3	0,2	2,5	1,0
13 Manufacture of textiles	0,6	35,4	36,3	-5,2
14 Manufacture of wearing apparel	0,4	-18,3	-18,3	-4,5
15 Manufacture of leather and related products	0,3	-5,6	-5,6	-2,5
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	3,7	-4,0	-2,3	-1,6
17 Manufacture of paper and paper products	9,5	-4,2	-4,2	0,0
18 Printing and reproduction of recorded media	1,9	-9,2	-7,0	-0,8
23 Manufacture of other non-metallic mineral products	3,7	-7,7	-5,9	-10,1
24 Manufacture of basic metals	3,4	15,7	16,1	5,6
25 Manufacture of fabricated metal products, except machinery and equipment	8,2	1,4	1,4	-3,3
28 Manufacture of machinery and equipment n.e.c.	13,3	-16,0	-14,6	-1,4
29 Manufacture of motor vehicles, trailers and semi-trailers	1,4	21,4	21,4	13,1
30 Manufacture of other transport equipment	1,5	15,5	15,5	-0,1
31 Manufacture of furniture	1,2	-6,0	-6,0	-3,7
32 Other manufacturing	0,9	-36,9	-34,9	-3,4
33 Repair and installation of machinery and equipment	3,3	-3,3	-2,1	-1,6
D Electricity, gas, steam and air conditioning supply	10,7	-1,7	-1,6	10,0
E Water supply; sewerage, waste management and remediation activities	3,4	-2,1	-1,3	-0,4
36 Water collection, treatment and supply	1,8	-2,2	-2,2	-1,1
Main industrial groupings:
Raw materials and productive goods	40,4	-2,1	0,2	-0,1
Investment goods	26,3	-8,9	-7,4	1,9
Durable goods	1,6	-7,0	-3,2	-0,6
Other consumer goods	14,8	-6,4	-6,4	-4,3
Special indices:
10-11 Food industry	8,4	-7,6	-5,1	-2,1
13-15 Textile, clothing and leather industry	1,3	10,8	13,5	-4,5
16-17 Forest industry	13,3	-4,1	-3,5	-0,6
19-22 Chemical industry	13,7	-2,4	-2,4	-1,8
24-30 Metal industry	36,2	-4,2	-2,6	1,3
26-27 Electrical and electronics industry	8,5	-4,9	-2,5	4,2
25,28-30,33 Machinery and metal product industry	27,6	-6,1	-3,6	1,2
29-30 Manufacture of transport equipment	2,8	18,3	18,3	7,5

Source: Volume Index of Industrial Output 2014, May. Statistics Finland

Inquiries: Kari Rautio 029 551 2479, Heidi Myllylä 029 551 3792, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

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Updated 10.7.2014