Published: 9 August 2019

Industrial output grew in June both year-on-year and from the month before

Seasonally adjusted industrial output (TOL BCD) grew by 1.2 per cent in June from the month before. According to Statistics Finland, industrial output adjusted for working days was 2.6 per cent higher in June 2019 than in June 2018. Adjusted for working days, industrial output went up by 1.9 per cent in January to June from one year back.

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2019/06

Trend and seasonally adjusted series of industrial output (BCD), 2007/01 to 2019/06

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

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

Examined by main industry, seasonally adjusted industrial output grew most in June in the electrical and electronics industry, by 12.3 per cent, in mining and quarrying, by 9.2 per cent and in the metal industry, by 2.6 per cent. Output decreased by 2.5 per cent in the forest industry from the previous month.

Seasonal adjusted change in industrial output by industry, 5/2019 to 6/2019, %, TOL 2008

Seasonal adjusted change in industrial output by industry, 5/2019 to 6/2019, %, TOL 2008

Revised data for June 2019 will be published at 8 am on 10 September 2019 in connection with the release of industrial output data for July 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 will also be adjusted for working days.


Source: Volume Index of Industrial Output 2019, June. Statistics Finland

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

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (373.7 kB)

Reviews
Tables

Tables in databases

Figures
Revisions in these statistics

Updated 9.8.2019

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. June 2019. Helsinki: Statistics Finland [referred: 22.8.2019].
Access method: http://www.stat.fi/til/ttvi/2019/06/ttvi_2019_06_2019-08-09_tie_001_en.html