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

Latest publication: Volume index of industrial output 2017, August

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

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

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

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

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 10.1.2017

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. November 2016. Helsinki: Statistics Finland [referred: 21.10.2017].
Access method: http://www.stat.fi/til/ttvi/2016/11/ttvi_2016_11_2017-01-10_tie_001_en.html

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