Published: 10 January 2017
Industrial output went up by 3.7 per cent year-on-year in November
According to Statistics Finland, output of total industries adjusted for working days was 3.7 per cent higher in November 2016 than in November 2015. In the January to November period, industrial output adjusted for working days went up by 2.3 per cent from one year ago.
Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008
Seasonally adjusted output was in November and October on level with the previous months. In September, seasonally adjusted output grew by 2.7 per cent compared with August.
Seasonally adjusted change in total industrial output (BCDE) from previous month, %, TOL 2008
Output grew in all main industries. Output increased most, by 25.3 per cent, in mining and quarrying. In the chemical industry, output grew by 14.6 per cent in November. Output in the electrical and electronics industry increased by 13.5 per cent. In the forest industry, output grew by 2.6 per cent. In November, output in the metal industry was 1.4 per cent up on twelve months back.
Working day adjusted change in industrial output by industry 11/2015-11/2016, %, TOL 2008
In November, capacity utilisation rate in manufacturing (C) was 83.2 per cent, or 1.9 percentage points higher than one year earlier. In the forest industry, capacity utilisation rate was 90.3 per cent in November, or 0.4 percentage points higher than in November 2015. In the metal industry, capacity utilisation rate was 84.4 per cent in November, which was 1.8 percentage points higher than one year earlier.
Revised data for November 2016 will be published at 9 am on 10 February 2017 in connection with the release of industrial output data for December 2016. 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 2016, November. Statistics Finland
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Publication in pdf-format (325.2 kB)
Tables in databases
- Appendix figure 1. Working day adjusted change percentage of industrial output November 2015 /November 2016, TOL 2008 (10.1.2017)
- Appendix figure 2. Seasonally adjusted change percentage of industrial output October 2016 /November 2016, TOL 2008 (10.1.2017)
- Appendix figure 3. Seasonally adjusted industrial output Finland, Germany, Sweden, France and United Kingdom (BCD) 2005 - 2016, 2010=100, TOL 2008 (10.1.2017)
- Revisions in these statistics
- Revisions in these statistics (10.1.2017)
Official Statistics of Finland (OSF):
Volume index of industrial output [e-publication].
ISSN=1798-9272. November 2016. Helsinki: Statistics Finland [referred: 23.1.2017].
Access method: http://www.stat.fi/til/ttvi/2016/11/ttvi_2016_11_2017-01-10_tie_001_en.html