Published: 30 June 2006
According to Statistics Finland, seasonally adjusted industrial output grew by 3.0 per cent in May 2006 from April. Seasonally adjusted volume of industrial output went up by 14.6 per cent year-on-year from May 2005. The industrial action in the paper industry that coincided with May-June of the previous year can be seen as growth in the figures for industrial output in May 2006.
Seasonally adjusted change in industrial output from previous month, %
Capacity utilisation rate in manufacturing was 86.3 per cent in May, which is 7.9 percentage points higher than in May 2005. In the pulp and paper industry, capacity utilisation rate was 84 per cent and in the metal industry 88.8 per cent. In the chemical industry, capacity utilisation rate was 81.6 per cent and in other manufacturing 83.8 per cent.
Revised data for May 2006 will be published at 9 am on 31 July 2006 in connection with the industrial output data for June 2006. 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 2006, May. Statistics Finland
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Last updated 30.6.2006