Industrial output decreased by 6.1 per cent year-on-year in July
According to Statistics Finland, output of total industries (BCD) adjusted for working days was 6.1 per cent lower in July 2020 than in July 2019. Seasonally adjusted output went up by 0.9 per cent in July compared with the month before.
Adjusted for working days, industrial output (C) declined by 5.7 per cent from one year earlier. Seasonally adjusted output went up by 0.8 per cent in July from the month before.Table 1. Volume index of industrial output, value added, original, working day adjusted, seasonally adjusted change percentage
Industry (Tol 2008) | Value added share | Original change percentage, 2020 JUL / 2019 JUL | Working day adj. change percentage, 2020 JUL / 2019 JUL | Seasonal adj. change percentage, 2020 JUL / 2020 JUN |
B Mining and quarrying | 2,5 | -22,4 | -22,4 | -11,9 |
BCD Total industries | 100,0 | -6,1 | -6,1 | 0,9 |
C Manufacturing | 86,3 | -5,7 | -5,7 | 0,8 |
10 Manufacture of food products | 6,3 | -0,4 | -0,4 | 3,0 |
10-11 Food industry | 7,5 | -1,2 | -1,2 | 1,6 |
11 Manufacture of beverages | 1,1 | -5,8 | -5,8 | -5,2 |
13 Manufacture of textiles | 0,5 | 0,8 | 0,9 | 1,6 |
13-15 Textile, clothing and leather industy | 1,1 | -3,6 | -3,8 | 4,8 |
14 Manufacture of wearing apparel | 0,3 | 3,0 | 3,0 | 7,1 |
15 Manufacture of leather and related products | 0,2 | -24,0 | -25,4 | 4,7 |
16 Manufacture of wood and of products of wood and cork, except furniture: Manufacture of articles of straw and plaiting materials | 3,8 | -4,6 | -4,6 | -0,1 |
16-17 Forest industry | 14,5 | -8,4 | -8,4 | -0,7 |
17 Manufacture of paper and paper products | 10,6 | -9,7 | -9,7 | -1,0 |
18 Printing and reproduction of recorded media | 1,1 | -16,8 | -16,8 | 0,9 |
19-22 Chemical industry | 15,9 | 1,0 | 1,0 | -0,1 |
23 Manufacture of other non-metallic mineral products | 3,1 | 2,2 | 2,2 | 3,7 |
24 Manufacture of basic metals | 5,2 | -12,2 | -12,4 | -2,4 |
24-30_33 Metal industry | 41,4 | -8,1 | -8,1 | -0,7 |
25 Manufacture of fabricated metal products, except machinery and equipment | 8,4 | -0,7 | -0,7 | 2,5 |
26-27 Electrical and electronics industry | 9,6 | -11,2 | -11,2 | -1,7 |
28 Manufacture of machinery and equipment n.e. . | 11,0 | -6,2 | -6,2 | -1,5 |
29-30 Manufacture of transport equipment | 3,0 | 24,0 | 24,0 | 33,8 |
31 Manufacture of furniture | 1,1 | -10,1 | -10,1 | 1,9 |
32 Other manufacturing | 0,7 | -6,4 | -6,4 | 3,2 |
33 Repair and installation of machinery and equipment | 4,5 | -13,7 | -13,7 | -2,3 |
C Manufacturing excl. Electrical and electronics industry (26-27) | 76,7 | -4,1 | -4,1 | 2,2 |
D Eletricity, gas, steam and air conditioning supply | 11,3 | -4,0 | -4,0 | -0,1 |
Investment goods | 27,0 | -8,3 | -8,3 | -1,0 |
Durable goods | 1,3 | -7,9 | -7,9 | 2,1 |
Raw materials and productive goods | 44,2 | -4,6 | -4,6 | -0,6 |
Other consumer goods | 13,3 | -3,1 | -3,1 | 7,2 |
Source: Volume Index of Industrial Output 2020, July. Statistics Finland
Inquiries: Maarit Mäkelä 029 551 3324, Kirsi-Maaria Manninen 029 551 2681, volyymi.indeksi@stat.fi
Director in charge: Mari Ylä-Jarkko
Updated 10.9.2020
Official Statistics of Finland (OSF):
Volume index of industrial output [e-publication].
ISSN=1798-9272. July 2020,
Industrial output decreased by 6.1 per cent year-on-year in July
. Helsinki: Statistics Finland [referred: 14.11.2024].
Access method: http://www.stat.fi/til/ttvi/2020/07/ttvi_2020_07_2020-09-10_kat_001_en.html