A more recent publication of this set of statistics is available.

Latest publication: Volume index of industrial output 2020, September

Industrial output decreased by 2.4 per cent year-on-year in August

According to Statistics Finland, output of total industries (BCD) adjusted for working days was 2.4 per cent lower in August 2020 than in August 2019. Seasonally adjusted output went up by 2.0 per cent in August compared with the month before.

Adjusted for working days, industrial output (C) declined by 1.8 per cent from one year earlier. Seasonally adjusted industrial output grew by 1.3 per cent in August 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, 2020 AUG / 2019 AUG Working day adj. change percentage, 2020 AUG / 2019 AUG Seasonal adj. change percentage, 2020 AUG / 2020 JUL
B Mining and quarrying 2,5 -26,8 -26,8 4,8
BCD Total industries 100,0 -4,5 -2,4 2,0
C Manufacturing 86,3 -4,1 -1,8 1,3
10 Manufacture of food products 6,3 -5,4 -1,9 -0,4
10-11 Food industry 7,5 -4,5 -1,0 0,2
11 Manufacture of beverages 1,1 0,7 4,3 4,0
13 Manufacture of textiles 0,5 30,4 34,3 12,6
13-15 Textile, clothing and leather industy 1,1 4,3 8,9 6,5
14 Manufacture of wearing apparel 0,3 -13,6 -10,5 -4,3
15 Manufacture of leather and related products 0,2 -12,8 -8,1 2,3
16 Manufacture of wood and of products of wood and cork, except furniture: Manufacture of articles of straw and plaiting materials 3,8 -5,8 -2,4 0,4
16-17 Forest industry 14,5 -11,9 -11,0 -2,2
17 Manufacture of paper and paper products 10,6 -14,0 -14,0 -3,2
18 Printing and reproduction of recorded media 1,1 -18,1 -16,2 -2,9
19-22 Chemical industry 15,9 -4,0 -4,0 -1,0
23 Manufacture of other non-metallic mineral products 3,1 -7,4 -3,9 -2,5
24 Manufacture of basic metals 5,2 -8,2 -6,9 7,1
24-30_33 Metal industry 41,4 -1,2 1,5 4,8
25 Manufacture of fabricated metal products, except machinery and equipment 8,4 -2,5 0,3 1,3
26-27 Electrical and electronics industry 9,6 10,4 13,6 13,4
28 Manufacture of machinery and equipment n.e. . 11,0 2,6 5,6 3,5
29-30 Manufacture of transport equipment 3,0 -28,8 -25,5 -14,3
31 Manufacture of furniture 1,1 -13,0 -9,0 2,4
32 Other manufacturing 0,7 2,1 6,4 1,8
33 Repair and installation of machinery and equipment 4,5 -6,3 -4,5 7,3
C Manufacturing excl. Electrical and electronics industry (26-27) 76,7 -6,2 -4,1 0,4
D Eletricity, gas, steam and air conditioning supply 11,3 0,6 0,6 -4,8
Investment goods 27,0 1,3 3,8 5,7
Durable goods 1,3 -10,7 -6,6 3,1
Raw materials and productive goods 44,2 -8,2 -6,6 -1,6
Other consumer goods 13,3 -4,8 -1,4 4,9

Source: Volume Index of Industrial Output 2020, August. Statistics Finland

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

Head of Department in charge: Mari Ylä-Jarkko


Updated 9.10.2020

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. August 2020, Industrial output decreased by 2.4 per cent year-on-year in August . Helsinki: Statistics Finland [referred: 27.11.2020].
Access method: http://www.stat.fi/til/ttvi/2020/08/ttvi_2020_08_2020-10-09_kat_001_en.html