Industrial output decreased in February 2024 from the previous month but increased from one year back
release | Volume index of industrial output 2024, FebruarySeasonally adjusted industrial output (TOL BCD) decreased by 0.3 per cent in February from the month before. According to Statistics Finland, industrial output adjusted for working days went up by 1.3 per cent compared to February 2023.
Key selections
- Industrial output decreased slightly in February compared to the previous month.
- Among the main industries, output went down most in mining and quarrying.
Output decreased from the previous month in nearly all main industries
Adjusted for working days, output in manufacturing (C) declined by 0.5 per cent in February from one year earlier. Output grew by 0.3 per cent compared to the previous month.
Industrial output decreased from the previous month in nearly all main industries examined in the chart. The fall was strongest in mining and quarrying (-9.7%). In the chemical industry output went down by 3.8 per cent and in electricity, gas, steam and air conditioning supply by 3.7 per cent compared to January. The forest industry (3.2%) and the metal industry (0.7%) grew from the previous month.
Tables
Volume index of industrial output, share of industry in total industries (BCD), original, working day adjusted, seasonally adjusted change percentage 2/2024
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