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Published: 9 May 2018

Industrial output grew in March both year-on–year and from the month before

Seasonally adjusted industrial output (TOL BCD) grew by 2.2 per cent in March from the month before. According to Statistics Finland, industrial output adjusted for working days was 7.0 per cent higher in March 2018 than in March 2017. Adjusted for working days, industrial output went up by 5.4 per cent in January to March from one year back.

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2018/03

Seasonally adjusted output grew by 2.2 per cent in March from the month before. In February, seasonally adjusted output went down by 1.5 per cent from January.

Seasonally adjusted change in industrial output (BCD) from previous month, %, TOL 2008

Examined by main industry, seasonally adjusted industrial output grew most in March in the electrical and electronics industry, by 7.3 per cent. In the metal industry, seasonally adjusted output was 4.1 per cent higher in March than in February. Mining and quarrying grew by 2.8 per cent compared with February.

Seasonal adjusted change in industrial output by industry, 02/2018 to 03/2018, %, TOL 2008

Revised data for March 2018 will be published at 9 am on 8 June 2018 in connection with the release of industrial output data for April 2018. The revision is influenced by the estimation used in the latest release, which concerns the periodic tax return data used for enterprises with fewer than 50 employees. 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.

Source: Volume Index of Industrial Output 2018, March. Statistics Finland

Inquiries: Kari Rautio 029 551 2479, Maarit Mäkelä 029 551 3324, volyymi.indeksi@stat.fi

Director in charge: Mari Ylä-Jarkko

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Reviews

• Industrial output grew by 7.0 per cent in March from one year back (9.5.2018)

Tables

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Figures

• Appendix figure 1. Three months' year-on-year change in manufacturing (C) sub-industries adjusted for working days (TOL 2008) (9.5.2018)
• Appendix figure 2. Trend series of manufacturing sub-industries, 2007/01 to 2018/03, TOL 2008 (9.5.2018)
• Appendix figure 3. Seasonally adjusted industrial output Finland, Germany, Sweden, France and United Kingdom (BCD) 2007 to 2018, TOL 2008 (9.5.2018)

Revisions in these statistics

• Revisions in these statististic (9.5.2018)

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Updated 9.5.2018