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Published: 10 April 2019

Industrial output fell in February from the previous month but grew year-on–year

Seasonally adjusted industrial output (TOL BCD) fell by 1.0 per cent in February from the month before. According to Statistics Finland, industrial output adjusted for working days was 0.7 per cent higher in February 2019 than in February 2018.

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2019/02

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2019/02

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

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

Adjusted for seasonal variation, industrial output increased in February most in the chemical industry, by 1.2 per cent. Output in the metal industry went down by 0.5 per cent and in the forest industry by 2.0 per cent. Output decreased most in mining and quarrying, by 11.4 per cent.

Seasonal adjusted change in industrial output by industry, 01/2019 to 02/2019, %, TOL 2008

Seasonal adjusted change in industrial output by industry, 01/2019 to 02/2019, %, TOL 2008

Revised data for February 2019 will be published at 8 am on 10 May 2019 in connection with the release of industrial output data for March 2019. 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 are also adjusted for working days.


Source: Volume Index of Industrial Output 2019, February. 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 10.4.2019

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. February 2019. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/ttvi/2019/02/ttvi_2019_02_2019-04-10_tie_001_en.html