Published: 13 April 2018

Turnover in manufacturing increased by 6.5 per cent in November to January

According to Statistics Finland, turnover in manufacturing in the November to January period was 6.5 per cent higher than in the corresponding period of the year before. Domestic sales grew by 4.3 per cent and export turnover by 8.1 per cent from one year ago.

Three months' year-on-year change in turnover in manufacturing (C) sub-industries (TOL 2008)

Three months' year-on-year change in turnover in manufacturing (C) sub-industries (TOL 2008)

Turnover went up from the corresponding period of the previous year in all manufacturing (C) sub-industries . Growth was strongest in the chemical industry, 12.6 per cent, in the forest industry, 6.5 per cent, and the metal industry, 5.0 per cent. Turnover growth was slowest in the textile, clothing and leather industry, 2.9 per cent.

Three months' year-on-year change in turnover in main industrial categories (TOL 2008)

Three months' year-on-year change in turnover in main industrial categories (TOL 2008)

The turnover of nearly all main categories of manufacturing industries also grew year-on-year. Turnover grew strongest in the industry of mining and quarrying, by 9.4 per cent. Turnover in water supply, sewerage, waste management and remediation activities increased by 5.9 per cent, and, by contrast, in electricity, gas, steam and air conditioning supply turnover contracted by 2.9 per cent from one year before.

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 self-assessed 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.

From this release onwards the index of turnover in industry will adopt base year 2015=100.


Source: Index of turnover in industry 2018, January, Statistics Finland

Inquiries: Maija Sappinen 029 551 3348, Kirsi-Maaria Manninen 029 551 2681, myynti.teollisuus@stat.fi

Director in charge: Sami Saarikivi

Publication in pdf-format (348.4 kB)

Tables

Tables in databases

Index of turnover in industry

Appendix tables

Figures
Revisions in these statistics

Updated 13.4.2018

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover in industry [e-publication].
ISSN=1798-596X. January 2018. Helsinki: Statistics Finland [referred: 22.4.2018].
Access method: http://www.stat.fi/til/tlv/2018/01/tlv_2018_01_2018-04-13_tie_001_en.html

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