Home > Statistics > Volume index of industrial output > 2021 > March > Industrial output decreased by 2.3 per cent year-on-year in March

Industrial output decreased by 2.3 per cent year-on-year in March

According to Statistics Finland, output of total industries (BCD) adjusted for working days was 2.3 per cent lower in March 2021 than in March 2020. In March, seasonally adjusted output went down by 2.1 per cent from the previous month.

Adjusted for working days, industrial output (C) declined by 3.3 per cent from one year earlier. In March, seasonally adjusted output decreased by 1.5 per cent 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, 2021 MAR / 2020 MAR	Working day adj. change percentage, 2021 MAR / 2020 MAR	Seasonal adj. change percentage, 2021 MAR / 2021 FEB
B Mining and quarrying	2,0	5,3	5,3	6,3
BCD Total industries	100,0	-1,3	-2,3	-2,1
C Manufacturing	85,6	-2,2	-3,3	-1,5
10 Manufacture of food products	6,4	2,9	-0,1	-0,8
10-11 Food industry	7,7	3,6	0,5	-0,0
11 Manufacture of beverages	1,3	8,0	4,1	4,9
13 Manufacture of textiles	0,5	12,9	11,0	1,8
13-15 Textile, clothing and leather industy	1,2	17,9	17,1	5,6
14 Manufacture of wearing apparel	0,3	37,3	36,5	6,2
15 Manufacture of leather and related products	0,4	13,2	11,8	-3,2
16 Manufacture of wood and of products of wood and cork, except furniture: Manufacture of articles of straw and plaiting materials	3,3	1,7	0,6	-1,8
16-17 Forest industry	11,9	-5,2	-5,3	-0,9
17 Manufacture of paper and paper products	8,6	-7,7	-7,7	-0,6
18 Printing and reproduction of recorded media	1,1	-6,5	-7,2	-0,5
19-22 Chemical industry	16,7	-17,1	-16,4	-1,5
23 Manufacture of other non-metallic mineral products	3,0	3,9	2,9	0,9
24 Manufacture of basic metals	3,9	7,9	6,6	0,7
24-30_33 Metal industry	42,1	3,9	2,6	0,6
25 Manufacture of fabricated metal products, except machinery and equipment	9,4	-1,0	-2,1	0,5
26-27 Electrical and electronics industry	10,3	9,9	6,8	1,9
28 Manufacture of machinery and equipment n.e. .	11,2	2,4	1,8	2,8
29-30 Manufacture of transport equipment	2,7	-2,7	-4,5	-18,4
31 Manufacture of furniture	1,1	-6,7	-9,1	-0,7
32 Other manufacturing	0,7	14,1	9,5	1,7
33 Repair and installation of machinery and equipment	4,6	5,9	5,6	-1,2
C Manufacturing excl. Electrical and electronics industry (26-27)	75,3	-5,3	-6,0	-2,6
D Eletricity, gas, steam and air conditioning supply	12,5	2,2	2,2	-2,6
Investment goods	27,4	3,3	2,2	0,5
Durable goods	1,4	5,1	2,6	1,7
Raw materials and productive goods	41,8	-0,7	-1,5	-0,4
Other consumer goods	13,7	-14,0	-15,7	-3,5

Source: Volume Index of Industrial Output 2021, March. Statistics Finland

Inquiries: Maarit Mäkelä 029 551 3324, Kirsi-Maaria Manninen 029 551 2681, volyymi.indeksi@stat.fi

Head of Department in charge: Katri Kaaja

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Updated 10.5.2021