The statistics on capital stock will be combined as part of National Account on 31 January 2012. The data from the statistics on capital stock can in future be found from the statistics of National Accounts.
Statistics Finland will release preliminary annual national accounts data for 2011 on 2 March 2012. In this release sector accounts data for 2011 are based on quarterly national accounts apart from general government. In future, the first preliminary data on sector accounts will be mainly based on quarterly statistics. Publishing of sector accounts by quarter will start in autumn 2012.
The sector accounts for the preliminary annual data will be published in Statistics Finland's databases with a slightly less detailed classification of transactions than before, because the classification of transactions in the quarterly sector accounts is less detailed than in the annual sector accounts. The sector accounts for 2011 with full content will be published for the first time on 12 July 2012.
The breakdown by sector is the same in the data published on 2 March 2012 except for sector S12 Financial and insurance corporations, whose subdivision will be published on 12 July 2012.
The following list includes the most important transactions on which data for 2011 will not be released in the database on 2 March 2012 but only on 12 July 2012.
Tables: Key indicators of household sector 1975-2010 and Additional information 1975-2010, indebtedness rate for 2008 and 2009 has been corrected.
Table: Gross fixed capital formation 1975-2010, figures of transaction P511 gross formation of tangible fixed assets has been corrected.
Table: Sector accounts 1975-2010, transaction D751 GNP contribution has been added to sectors S1311 and S2122.
Data of the Quarterly National Accounts table 'Employment quarterly 1990Q1-' have been corrected and added to the database.
The Quarterly National Accounts table 'Employment quarterly 1990Q1-' updated on 14 July 2011 has been removed due to errors detected in the table. The original employment and labour input series were correct in the table, but there were errors in seasonally, trend and working day adjusted series. A corrected table will be added in week 32.
An error has been detected in the calculation of the Volume Index of Industrial Output, which has an effect on the previously published volume index figures for January to April 2011. The erroneous figures for the early part of the year have now been corrected to the statistical releases and databases and to the data files delivered to customers.
The error has no effect on the image of economic trends given by other statistics, such as the Quarterly National Accounts or the Trend Indicator of Output.
The error is caused by that the revision in the weight structure at the turn of the year has not become updated to the calculation system. For that reason, enterprises' weights by size category inside three-digit industries have remained erroneous in the calculation of the index.
The table below contains the corrected and previously published erroneous data of the most important industries.
Corrected data of the most important industries for January to April 2011
| 2011: change percentage from one year ago (original series) | |||||
| Industry | January | February | March | April | |
| Total industries (BCDE) corrected | 3.4 | 4.2 | 5.5 | 4.4 | |
| Total industries (BCDE) old | 3.8 | 4.6 | 5.8 | 2.4 | |
| Manufacturing (C) corrected | 4.3 | 5.1 | 5.9 | 6.2 | |
| Manufacturing (C) old | 4.7 | 5.5 | 6.3 | 3.8 | |
| Forest industry (16-17) corrected | 2.6 | -7.3 | 12.4 | -2.6 | |
| Forest industry (16-17) old | 2.3 | -6.9 | 17.1 | -2.6 | |
| Chemical industry (19-22) corrected | -1.8 | 3.5 | 3.9 | 22.9 | |
| Chemical industry (19-22) old | 5.1 | 8.2 |
5.7 | 11.0 | |
| Metal industry (24-30) corrected | 7.6 | 11.3 | 7.8 | 3.5 | |
| Metal industry (24-30) old | 5.7 | 11.3 | 6.5 | 2.5 | |
Inquiries: Kari Rautio +358 9 1734 2479, Jukka Appelqvist +358 9 1734 3391
The revised standard industrial classification, TOL 2008, will be adopted in National Accounts. The information system of the accounts and the data contents of the statistics will be revised at the same time. Statistics Finland will release revised national accounts time series on 14 July 2011.
The timetable for the introduction of the TOL 2008 classification has been decreed in EU regulations. Other statistics of Statistics Finland have already adopted the revised classification earlier. General information about the TOL 2008 classification can be found in the classifications section of Statistics Finland's website.
Due to the renewal of the information system of national accounts, revisions will be made to the calculation systems and time series of the accounts. Errors detected in the time series will also corrected in the same context. The effects of the revisions on the euro-denominated time series will be minor. The data describing gross domestic product and the financial position of sectors will not essentially change.
After the adoption of the revised industrial classification, annual national accounts data will be published in databases at the accuracy 90 industries and quarterly accounts data at the accuracy of 11 industries. Data on value added will be published in quarterly accounts at the accuracy of 20 industries. The number of database tables will decrease due to the merging of tables on individual economic transactions. The data contents of the tables will also become revised in other respects.
Inquiries:
Annual National Accounts: Olli Savela, +358 9 1734 3316
Quarterly Accounts: Pasi Koikkalainen +358 9 1734 3332
Errors have been detected in the releases of the Volume Index of Industrial Output for the year 2011. We will notify as soon as possible when the corrected data are available.
Statistics Finland has made revisions to the Consumer Price Index. The base period of the Consumer Price Index is updated every five years because changes take place in household consumption. The base year of the revised Index is 2010. At the same time the weight structure of the Index and the commodity basket of the price monitoring have been updated to correspond with consumption in the new base year. Please find more information: http://tilastokeskus.fi/ajk/tiedotteet/2011/tiedote_001_2011-02-18_en.html
Astika is gradually being transferred to PX-Web environment. The transfer concerning all the topics of Astika is completed by the end of June 2010.
The present application of Astika will be in function until the end June 2010, but the updating of each statistics will end when released in PX-Astika.
The customers of Astika have now access to two versions of PX-Astika:
Astika consisting of multidimensional tables is on
PX-Astika for Astika customers
The flatted counterpart including time series codes is on
PX-Astika-Flat for Astika customers
The updating of The table 020. Population aged 15-74 by economic activity status, sex, age and province has ended. The time series of the replacing table 015. Population aged 15-74 by economic activity status, sex, age and Regional State Administrative Agencies start at the beginning of 2009.
The data on rents of office and business premises (6820) have been supplemented since the 4th quarter of 2008, and this influences the overall point figure of the producer price index for services starting from the 4th quarter of 2008. The revision also influences the point figures for the activities of Rents of office premises (6820A), Rents of office and business premises (6820) and Real estate activities (68 and L) starting from the same reference period.
Statistics Finland has calculated final indices for the years 2007 and 2008. The preliminary monthly volume index is calculated using data obtained from a sample of approximately 1,000 establishments or enterprises. The final annual volume index is calculated from the regional and industrial statistics on manufacturing calculated from structural statistics on manufacturing. More detailed description of the statistics is available at http://tilastokeskus.fi/meta/til/atoi_en.html. Changes in gross value at the most detailed classification level have been divided by change in the producer price index of each industry concerned. The preliminary annual change of the monthly index has been revised with the obtained coefficient.
Last updated 31.1.2012
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