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Industrial output decreased by 2.6 per cent year-on-year in July

According to Statistics Finland, output of total industries adjusted for working days was 2.6 per cent lower in July 2014 than twelve months earlier. Seasonally adjusted output fell by 0.3 per cent in July from June.

Adjusted for working days, industrial output (C) went down by 3.3 per cent in July from one year back. Seasonally adjusted output fell in July by 0.5 per cent compared with the previous month.

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

  Value added share Original change percentage, 2014 JUL / 2013 JUL Working day adj. change percentage, 2014 JUL / 2013 JUL Seasonal adj. change percentage, 2014 JUL / 2014 JUN
Industry (Tol 2008)        
Total industries 100,0 -1,9 -2,6 -0,3
B Mining and quarrying 2,0 18,0 15,3 18,0
C Manufacturing 83,9 -2,4 -3,3 -0,5
10 Manufacture of food products 7,1 -6,6 -7,2 -0,5
11 Manufacture of beverages 1,3 10,5 10,7 5,5
13 Manufacture of textiles 0,6 -21,5 -22,9 -46,3
14 Manufacture of wearing apparel 0,4 -4,7 -4,7 2,4
15 Manufacture of leather and related products 0,3 37,8 37,8 1,3
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 3,7 0,8 -0,4 -0,3
17 Manufacture of paper and paper products 9,5 -4,1 -4,1 -2,0
18 Printing and reproduction of recorded media 1,9 -6,2 -6,8 2,1
23 Manufacture of other non-metallic mineral products 3,7 -3,1 -4,1 3,7
24 Manufacture of basic metals 3,4 -2,6 -3,4 -4,0
25 Manufacture of fabricated metal products, except machinery and equipment 8,2 4,3 4,3 5,3
28 Manufacture of machinery and equipment n.e.c. 13,3 -10,4 -11,1 -1,2
29 Manufacture of motor vehicles, trailers and semi-trailers 1,4 30,6 30,6 2,4
30 Manufacture of other transport equipment 1,5 -37,0 -37,0 -3,1
31 Manufacture of furniture 1,2 1,5 1,5 1,0
32 Other manufacturing 0,9 -7,1 -7,1 1,9
33 Repair and installation of machinery and equipment 3,3 -8,7 -8,7 -6,0
D Electricity, gas, steam and air conditioning supply 10,7 -4,9 -4,9 -2,9
E Water supply; sewerage, waste management and remediation activities 3,4 -1,3 -1,3 0,8
36 Water collection, treatment and supply 1,8 -0,7 -0,7 1,0
Main industrial groupings:        
Raw materials and productive goods 40,4 1,0 0,2 1,0
Investment goods 26,3 -8,9 -10,6 -1,2
Durable goods 1,6 -0,8 -2,2 2,2
Other consumer goods 14,8 3,8 3,8 1,9
Special indices:        
10-11 Food industry 8,4 -3,8 -4,3 -0,6
13-15 Textile, clothing and leather industry 1,3 -10,3 -11,0 -14,3
16-17 Forest industry 13,3 -3,0 -3,0 -1,0
19-22 Chemical industry 13,7 7,1 7,1 2,4
24-30 Metal industry 36,2 -4,5 -5,6 -0,5
26-27 Electrical and electronics industry 8,5 -2,2 -4,3 0,2
25,28-30,33 Machinery and metal product industry 27,6 -6,1 -7,6 -0,6
29-30 Manufacture of transport equipment 2,8 -12,1 -12,1 -1,0

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

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

Director in charge: Hannele Orjala


Updated 10.9.2014

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. July 2014, Industrial output decreased by 2.6 per cent year-on-year in July . Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/ttvi/2014/07/ttvi_2014_07_2014-09-10_kat_001_en.html