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Industrial output increased by 4.5 per cent year-on-year in January

According to Statistics Finland, output of total industries (BCD) adjusted for working days was 4.5 per cent higher in January 2022 compared to January 2021. In turn, seasonally adjusted output fell by 3.2 per cent from the previous month.

Adjusted for working days, industrial output (C) increased by 6.0 per cent from one year earlier. In January, seasonally adjusted output decreased by 1.9 per cent from the month before.

Table 1. Volume index of industrial output, value added, original, working day adjusted, seasonally adjusted change percentage

Industry (Tol 2008) Value added share Original change percentage, 2022 JAN / 2021 JAN Working day adj. change percentage, 2022 JAN / 2021 JAN Seasonal adj. change percentage, 2022 JAN / 2021 DEC
B Mining and quarrying 2,5 7,7 7,7 -7,5
BCD Total industries 100,0 4,5 4,5 -3,2
C Manufacturing 85,2 6,0 6,0 -1,9
10 Manufacture of food products 6,9 3,6 3,6 1,5
10-11 Food industry 8,1 4,3 4,3 1,6
11 Manufacture of beverages 1,2 5,3 5,3 -0,4
13 Manufacture of textiles 0,6 3,7 -1,0 -6,2
13-15 Textile, clothing and leather industy 1,1 -1,0 -0,9 -6,2
14 Manufacture of wearing apparel 0,3 8,0 8,0 -8,7
15 Manufacture of leather and related products 0,2 -8,5 -8,0 -9,6
16 Manufacture of wood and of products of wood and cork, except furniture: Manufacture of articles of straw and plaiting materials 3,4 22,2 22,2 2,3
16-17 Forest industry 10,5 -2,4 -2,3 -7,6
17 Manufacture of paper and paper products 7,1 -11,3 -11,3 -21,5
18 Printing and reproduction of recorded media 1,0 3,2 3,2 -1,9
19-22 Chemical industry 16,0 0,6 0,6 -3,2
23 Manufacture of other non-metallic mineral products 3,1 20,8 20,8 -1,1
24 Manufacture of basic metals 3,8 17,5 17,3 5,4
24-30_33 Metal industry 44,5 10,6 10,6 -0,4
25 Manufacture of fabricated metal products, except machinery and equipment 8,3 14,5 14,5 5,8
26-27 Electrical and electronics industry 13,9 2,1 2,1 -2,8
28 Manufacture of machinery and equipment n.e. . 11,5 22,3 22,3 -0,3
29-30 Manufacture of transport equipment 2,9 17,3 17,3 14,1
31 Manufacture of furniture 1,0 20,0 20,0 5,5
32 Other manufacturing 0,7 -4,6 -4,6 -0,3
33 Repair and installation of machinery and equipment 4,2 -12,8 -12,8 -9,2
C Manufacturing excl. Electrical and electronics industry (26-27) 71,3 5,2 5,2 -3,8
D Eletricity, gas, steam and air conditioning supply 12,4 -2,2 -2,2 -13,7
Investment goods 31,0 7,0 7,0 -2,2
Durable goods 1,4 15,9 15,9 3,0
Raw materials and productive goods 39,4 7,7 7,7 -3,2
Other consumer goods 13,8 1,5 1,5 -5,2

Source: Volume Index of Industrial Output 2022, January. Statistics Finland

Inquiries: Maarit Mäkelä 029 551 3324, Kirsi-Maaria Manninen 029 551 2681, volyymi.indeksi@stat.fi

Head of Department in charge: Katri Kaaja


Updated 10.3.2022

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. January 2022, Industrial output increased by 4.5 per cent year-on-year in January . Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/ttvi/2022/01/ttvi_2022_01_2022-03-10_kat_001_en.html