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

Latest publication: Volume index of industrial output 2019, August

Published: 10 December 2018

Industrial output grew in October year-on–year but decreased from the previous month

Seasonally adjusted industrial output (TOL BCD) decreased by 2.5 per cent in October from the month before. According to Statistics Finland, industrial output adjusted for working days was 0.8 per cent higher in October 2018 compared to October 2017. Adjusted for working days, industrial output went up by 4.0 per cent in January to October from one year back.

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2018/10

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2018/10

In October, seasonally adjusted output decreased by 2.5 per cent from the month before. In September seasonally adjusted output went up by 2.3 per cent from August.

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

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

Seasonally adjusted industrial output diminished in several main industries in October. Seasonally adjusted industrial output fell most in mining and quarrying, by 9.3 per cent. In the chemical industry, output diminished by 1.0 per cent. Output grew most, or by 5.4 per cent, in the electrical and electronics industry.

Seasonal adjusted change in industrial output by industry, 09/2018 to 10/2018, %, TOL 2008

Seasonal adjusted change in industrial output by industry, 09/2018 to 10/2018, %, TOL 2008

Revised data for October 2018 will be published at 9 am on 10 January 2019 in connection with the release of industrial output data for November 2018. The revision is influenced by the estimation used in the latest release, which is based on the Tax Administration's data on self-assessed taxes 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 2018, October. Statistics Finland

Inquiries: Kari Rautio 029 551 2479, Maarit Mäkelä 029 551 3324, volyymi.indeksi@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 10.12.2018

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. October 2018. Helsinki: Statistics Finland [referred: 20.10.2019].
Access method: http://www.stat.fi/til/ttvi/2018/10/ttvi_2018_10_2018-12-10_tie_001_en.html