A more recent publication of this set of statistics is available.

Latest publication: Volume index of industrial output 2018, April

Published: 10 November 2015

Industrial output went up by 1.3 per cent year-on-year in September

According to Statistics Finland, output of total industries adjusted for working days was 1.3 per cent higher in September 2015 compared to September 2014. During January to September, industrial output declined by 1.7 per cent year-on-year. The prolonged decline in industrial output turned into growth in September.

Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008

Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008

Seasonally adjusted output grew in September by 1.1 per cent compared with August. In August, seasonally adjusted output declined by 0.1 per cent from July. In July, seasonally adjusted output decreased by 0.4 per cent month-on-month.

Seasonally adjusted change in total industrial output (BCDE) from previous month, %, TOL 2008

Seasonally adjusted change in total industrial output (BCDE) from previous month, %, TOL 2008

Industrial output grew in several main industries in September. Output increased most, by 19.5 per cent, in mining and quarrying. The exceptionally dry September was visible as a growth in peat production. The prolonged decline in the food industry turned into a growth of close on four per cent in September. In the chemical industry, output grew by 2.6 per cent. In the forest industry, output was 3.8 per cent down in September on twelve months back.

Working day adjusted change in industrial output by industry 9/2014-9/2015, %, TOL 2008

Working day adjusted change in industrial output by industry 9/2014-9/2015, %, TOL 2008

Capacity utilisation rate in manufacturing (C) was 80.6 per cent in September, or 0.3 percentage points lower than one year earlier. In the forest industry, capacity utilisation rate was 81.6 per cent in September, or 5.2 percentage points lower than in September 2014. In the metal industry, capacity utilisation rate was 82.7 per cent in September, or 0.7 percentage points higher than one year earlier.

Revised data for September 2015 will be published at 9 am on 10 December 2015 in connection with the release of industrial output data for October 2015. The revision is influenced by the estimation used in the latest release, which concerns the periodic tax return data used for enterprises with fewer than 50 employees. 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 2015, September. Statistics Finland

Inquiries: Kari Rautio 029 551 2479, Heidi Myllylä 029 551 3792, volyymi.indeksi@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 10.11.2015

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. September 2015. Helsinki: Statistics Finland [referred: 22.6.2018].
Access method: http://www.stat.fi/til/ttvi/2015/09/ttvi_2015_09_2015-11-10_tie_001_en.html

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