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Latest publication: Index of turnover in industry 2022, February

Published: 13 February 2009

Turnover in manufacturing increased by 0.8 per cent in September to November from the year before

According to Statistics Finland, turnover in manufacturing in the September to November period was 0.8 per cent higher than in the corresponding period of the year before. Domestic sales grew by 0.7 per cent and export turnover by 1.3 per cent from one year ago.

In September to November, turnover grew most, by 25.2 per cent, in energy and water supply. Turnover increased also in the food industry, in the chemical industry and in all the most important sub-industries of the metal industry apart from the manufacture of basic metals, where turnover contracted by 14.2 per cent from the respective period of the year before.

Compared with the respective month of the year before, turnover grew in November only in energy and water supply and the manufacture of fabricated metal products. Turnover in all manufacturing contracted in November by 11.4 per cent from the respective month of the previous year.

Annual change in turnover in all manufacturing and in selected manufacturing industries during 09/2008-11/2008, %

The index of turnover in industry describes enterprises whose main industry is manufacturing. The calculation of the indices is based on the Tax Administration's value added tax data which are supplemented with data obtained with Statistics Finland's sales inquiry. The monthly turnovers of manufacturing enterprises can vary considerably, especially in the metal industries. The variation is mainly due to invoicing practices. The final invoice for major machinery deliveries and projects may be recorded in the sales of one month, even if the delivery had required the work of several months or years.

Starting from data concerning January 209, the revised standard industrial classification TOL 2008 and base year 2005=100 will be introduced in these statistics. For further information about the TOL 2008 classification see theTOL 2008 section on Statistics Finland's website. Anews item about the adoption of TOL 2008 in statistics describing turnover in industry is posted on the home page of the statistics.s

Source: Index of turnover in industry, November 2008. Statistics Finland

Inquiries: Mr Matti Paavonen +358 9 1734 3331, Ms Tarja Husso +358 9 1734 3534, volyymi.indeksi@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 13.2.2009

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover in industry [e-publication].
ISSN=1798-596X. November 2008. Helsinki: Statistics Finland [referred: 21.5.2022].
Access method: http://www.stat.fi/til/tlv/2008/11/tlv_2008_11_2009-02-13_tie_001_en.html