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Industrial output grew by 3.5 per cent in May from one year back

According to Statistics Finland, output of total industries (BCD) adjusted for working days was 3.5 per cent higher in May 2018 than in May 2017. Seasonally adjusted output grew by 0.9 per cent in May from April.

Adjusted for working days, industrial output (C) grew by 2.9 per cent in May from one year back. Seasonally adjusted output grew by 0.5 per cent in May 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, 2018 MAY / 2017 MAY Working day adj. change percentage, 2018 MAY / 2017 MAY Seasonal adj. change percentage, 2018 MAY / 2018 APR
Industry (Tol 2008)        
B Mining and quarrying 1,7 79,2 79,2 57,1
BCD Total industries 100,0 3,6 3,5 0,9
C Manufacturing 86,9 2,6 2,9 0,5
10 Manufacture of food products 6,9 -0,1 0,0 0,6
10-11 Food industry 8,1 0,4 0,6 0,1
11 Manufacture of beverages 1,2 2,1 3,8 -4,0
13 Manufacture of textiles 0,6 12,7 12,9 -0,4
13-15 Textile, clothing and leather industy 1,3 -3,8 -3,8 -0,7
14 Manufacture of wearing apparel 0,5 -9,5 -9,5 5,6
15 Manufacture of leather and related products 0,2 -16,4 -16,4 -10,2
16 Manufacture of wood and of products of wood and cork, except furniture: Manufacture of articles of straw and plaiting materials 3,6 1,8 2,0 -1,6
16-17 Forest industry 12,9 5,4 5,4 -0,1
17 Manufacture of paper and paper products 9,2 6,9 6,9 -0,2
18 Printing and reproduction of recorded media 1,3 -7,5 -6,4 -0,7
19-22 Chemical industry 15,8 -5,3 -5,3 1,4
23 Manufacture of other non-metallic mineral products 3,3 2,5 2,7 -0,4
24 Manufacture of basic metals 4,3 1,6 3,2 1,0
24-30_33 Metal industry 42,5 5,5 6,0 0,5
25 Manufacture of fabricated metal products, except machinery and equipment 7,7 3,6 2,2 -3,9
26-27 Electrical and electronics industry 12,5 0,1 0,1 0,9
28 Manufacture of machinery and equipment n.e. . 10,9 22,6 23,9 5,8
29-30 Manufacture of transport equipment 3,1 -15,8 -15,8 5,2
31 Manufacture of furniture 1,0 -0,4 0,2 1,7
32 Other manufacturing 0,7 14,8 12,4 0,7
33 Repair and installation of machinery and equipment 4,0 4,0 4,0 2,4
C Manufacturing excl. Electrical and electronics industry (26-27) 74,4 3,0 3,1 0,8
D Eletricity, gas, steam and air conditioning supply 11,4 -0,4 -0,4 -0,6
Investment goods 28,8 7,1 7,1 0,6
Durable goods 1,3 -2,4 -1,6 1,4
Raw materials and productive goods 40,8 5,4 4,8 2,1
Other consumer goods 14,6 -2,8 -1,1 0,4

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

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

Director in charge: Mari Ylä-Jarkko


Updated 10.7.2018

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. May 2018, Industrial output grew by 3.5 per cent in May from one year back . Helsinki: Statistics Finland [referred: 24.11.2024].
Access method: http://www.stat.fi/til/ttvi/2018/05/ttvi_2018_05_2018-07-10_kat_001_en.html