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Industrial output grew by 6.3 per cent in August

According to Statistics Finland, output of total industries adjusted for working days was 6.3 per cent higher in August 2010 than twelve months earlier. In August, seasonally adjusted output went up by 2.7 per cent relative to the previous month.

Adjusted for working days, industrial output grew by 7.9 per cent from one year back in August. In the manufacture of basic metals, output went up by 34.8 per cent in August. Output in the manufacture of paper products grew by 10.0 per cent from twelve months back. Adjusted for working days, output of sawn timber was 9.8 per cent up year-on-year in August. The largest drop of good 28 per cent was recorded in the output of mining and quarrying.

Table 1. Volume index of industrial output, value added, original, working day adjusted, seasonally adjusted change percentage

  Value added share Original change percentage, 2010 AUG / 2009 AUG Working day adj. change percentage, 2010 AUG / 2009 AUG Seasonal adj. change percentage, 2010 AUG / 2010 JUL
Industry (Tol 2008)        
Total industries 100,0 8,4 6,3 2,7
B Mining and quarrying 1,6 -22,6 -28,4 -21,7
C Manufacturing 83,6 10,5 7,9 5,3
10 Manufacture of food products 7,4 -3,4 -5,6 2,2
11 Manufacture of beverages 1,3 12,7 12,7 -0,2
13 Manufacture of textiles 0,7 6,2 6,2 -4,9
14 Manufacture of wearing apparel 0,4 -15,7 -18,2 -6,2
15 Manufacture of leather and related products 0,2 18,3 13,8 3,7
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 3,3 13,5 9,8 -1,0
17 Manufacture of paper and paper products 7,5 9,6 10,0 0,1
18 Printing and reproduction of recorded media 2,2 -1,7 -4,7 -5,9
23 Manufacture of other non-metallic mineral products 3,0 11,2 8,6 17,6
24 Manufacture of basic metals 2,1 40,6 34,8 -0,3
25 Manufacture of fabricated metal products, except machinery and equipment 8,6 0,0 -2,2 -1,6
28 Manufacture of machinery and equipment n.e.c. 11,3 31,0 28,0 4,3
29 Manufacture of motor vehicles, trailers and semi-trailers 1,1 19,4 12,3 -12,6
30 Manufacture of other transport equipment 1,4 -25,4 -27,8 -11,8
31 Manufacture of furniture 1,3 2,5 -1,6 -1,7
32 Other manufacturing 0,9 -20,8 -22,9 -10,8
33 Repair and installation of machinery and equipment 3,9 -8,4 -9,2 3,3
D Electricity, gas, steam and air conditioning supply 12,4 1,3 1,2 -7,1
E Water supply; sewerage, waste management and remediation activities 2,3 6,1 4,8 -0,2
36 Water collection, treatment and supply 0,7 4,6 4,0 -2,6
Main industrial groupings:        
Raw materials and productive goods 34,6 10,5 10,5 -1,2
Investment goods 31,1 11,2 8,5 8,0
Durable goods 1,7 -2,1 -5,6 -4,2
Other consumer goods 14,9 4,5 0,9 1,4
Special indices:        
10-11 Food industry 8,7 -1,1 -3,2 2,7
13-15 Textile, clothing and leather industry 1,3 1,4 -5,5 -15,1
16-17 Forest industry 10,7 10,7 10,1 -0,3
19-22 Chemical industry 13,1 14,4 14,4 9,7
24-30 Metal industry 38,5 16,2 13,2 7,4
26-27 Electrical and electronics industry 13,9 16,8 12,6 12,1
25,28-30,33 Machinery and metal product industry 26,2 9,9 7,1 5,3
29-30 Manufacture of transport equipment 2,5 -6,1 -9,6 -22,3

Source: Volume Index of Industrial Output 2010, August. Statistics Finland

Inquiries: Kari Rautio (09) 1734 2479, Jukka Appelqvist (09) 1734 3391, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala


Updated 08.10.2010

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. August 2010, Industrial output grew by 6.3 per cent in August . Helsinki: Statistics Finland [referred: 20.4.2024].
Access method: http://www.stat.fi/til/ttvi/2010/08/ttvi_2010_08_2010-10-08_kat_001_en.html