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Industrial output decreased by 2.8 per cent year-on-year in August

According to Statistics Finland, output of total industries adjusted for working days was 2.8 per cent lower in August 2016 than twelve months earlier. In August, seasonally adjusted output went down by 3.4 per cent from July.

Adjusted for working days, industrial output (C) decreased by 1.9 per cent in August from one year back. In August, seasonally adjusted output went down by 3 per cent from July.

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

  Value added share Original change percentage, 2016 AUG / 2015 AUG Working day adj. change percentage, 2016 AUG / 2015 AUG Seasonal adj. change percentage, 2016 AUG / 2016 JUL
Industry (Tol 2008)        
Total industries 100,0 1,9 -2,8 -3,4
B Mining and quarrying 1,0 -39,8 -39,8 -40,8
C Manufacturing 85,3 3,5 -1,9 -3,0
10 Manufacture of food products 7,3 2,7 -4,5 -4,0
11 Manufacture of beverages 1,2 9,4 1,5 -4,2
13 Manufacture of textiles 0,6 0,9 -6,9 -2,9
14 Manufacture of wearing apparel 0,5 -13,9 -20,1 -0,5
15 Manufacture of leather and related products 0,3 -3,6 -3,6 -2,5
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 4,3 2,2 -4,9 -2,0
17 Manufacture of paper and paper products 9,1 -0,4 -0,4 0,5
18 Printing and reproduction of recorded media 1,6 5,8 -0,2 -1,2
23 Manufacture of other non-metallic mineral products 3,2 8,8 1,3 -0,7
24 Manufacture of basic metals 5,0 -2,3 -5,6 -12,5
25 Manufacture of fabricated metal products, except machinery and equipment 7,4 2,4 -3,5 -6,0
28 Manufacture of machinery and equipment n.e.c. 11,4 8,6 1,8 -4,1
31 Manufacture of furniture 0,9 7,8 -1,4 -2,6
32 Other manufacturing 0,8 3,8 3,8 3,2
33 Repair and installation of machinery and equipment 4,7 -2,4 -6,5 -1,6
D Electricity, gas, steam and air conditioning supply 10,8 0,9 0,9 1,0
E Water supply; sewerage, waste management and remediation activities 2,9 -1,2 -1,2 1,0
36 Water collection, treatment and supply 0,4 2,4 2,4 -0,7
Main industrial groupings:        
Raw materials and productive goods 41,6 0,5 -2,9 -3,7
Investment goods 27,6 6,6 0,8 -2,9
Durable goods 1,3 7,1 -2,3 -2,5
Other consumer goods 14,8 -1,6 -8,6 -6,6
Special indices:        
10-11 Food industry 8,5 3,7 -3,6 -3,9
13-15 Textile, clothing and leather industry 1,3 -5,6 -21,8 -7,8
16-17 Forest industry 13,5 0,4 -1,8 -0,6
19-22 Chemical industry 13,1 -0,8 -0,8 -1,3
24-30 Metal industry 37,6 6,8 0,3 -3,4
26-27 Electrical and electronics industry 11,1 15,5 8,4 -1,0
25,28-30,33 Machinery and metal product industry 26,2 3,6 -3,0 -3,8
29-30 Manufacture of transport equipment 2,6 -3,0 -3,0 -0,8

Source: Volume Index of Industrial Output 2016, August. Statistics Finland

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

Director in charge: Mari Ylä-Jarkko


Updated 10.10.2016

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. August 2016, Industrial output decreased by 2.8 per cent year-on-year in August . Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/ttvi/2016/08/ttvi_2016_08_2016-10-10_kat_001_en.html