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Published: 30 June 2005

Industrial output fell by 3.7 per cent in May from April

According to Statistics Finland, seasonally adjusted industrial output was 3.7 per cent lower in May 2005 than in April. Seasonally adjusted volume of industrial output fell by 7.5 per cent year-on-year from May 2004. Seasonally adjusted output for the January to May period declined by 1.6 per cent from one year back.

Seasonally adjusted change in industrial output from previous month, %

Capacity utilisation rate in manufacturing was 78 per cent in May, which is 7.6 percentage points lower than in May 2004. In the pulp and paper industry, capacity utilisation rate was 42 per cent and in the metal industry 85 per cent. Capacity utilisation rate was 82 per cent in both the chemical industry and in other manufacturing.

Revised data for May will be published at 9 am on 29 July 2005 in connection with the industrial output data for June. 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 2005, May. Statistics Finland

Inquiries: Mr Kari Rautio +358 9 1734 2479, volyymi.indeksi@stat.fi

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Last updated 30.6.2005

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. May 2005. Helsinki: Statistics Finland [referred: 19.3.2024].
Access method: http://www.stat.fi/til/ttvi/2005/05/ttvi_2005_05_2005-06-30_tie_001_en.html