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Industrial output grew by 4.2 per cent in May year-on year

According to Statistics Finland, output of total industries adjusted for working days was 4.2 per cent higher in May 2017 than in May 2016. Seasonally adjusted output grew by 1.5 per cent in May from April.

Adjusted for working days, industrial output (C) grew by 4.5 per cent in May from one year back. Seasonally adjusted output grew by 1.2 per cent in May from April.

Table 1. Volume index of industrial output, value added, original, working day adjusted, seasonally adjusted change percentage

  Value added share Original change percentage, 2017 MAY / 2016 MAY Working day adj. change percentage, 2017 MAY / 2016 MAY Seasonal adj. change percentage, 2017 MAY / 2017 APR
Industry (Tol 2008)        
Total industries 100,0 4,7 4,2 1,5
B Mining and quarrying 1,5 -10,8 -10,8 10,6
C Manufacturing 84,3 5,3 4,5 1,2
10 Manufacture of food products 6,9 1,7 1,1 0,9
11 Manufacture of beverages 1,1 5,4 4,2 -1,1
13 Manufacture of textiles 0,6 -0,2 -1,2 0,6
14 Manufacture of wearing apparel 0,4 -26,4 -25,4 -4,0
15 Manufacture of leather and related products 0,2 11,8 11,8 7,1
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials 3,6 -1,0 -1,2 -1,8
17 Manufacture of paper and paper products 9,8 -1,4 -1,4 0,4
18 Printing and reproduction of recorded media 1,5 -1,0 -1,1 1,7
23 Manufacture of other non-metallic mineral products 2,9 12,2 12,1 3,0
24 Manufacture of basic metals 4,2 8,6 6,9 4,0
25 Manufacture of fabricated metal products, except machinery and equipment 7,7 2,5 1,9 -2,2
28 Manufacture of machinery and equipment n.e.c. 10,9 3,5 1,0 0,2
31 Manufacture of furniture 1,0 2,4 2,4 -5,5
32 Other manufacturing 0,7 -8,6 -8,6 2,9
33 Repair and installation of machinery and equipment 3,9 -9,4 -9,4 -3,5
D Electricity, gas, steam and air conditioning supply 10,7 3,5 3,5 4,3
E Water supply; sewerage, waste management and remediation activities 3,5 -1,3 -1,3 0,2
36 Water collection, treatment and supply 1,1 -1,5 -1,5 2,6
Main industrial groupings:        
Raw materials and productive goods 40,7 2,9 2,6 1,8
Investment goods 28,1 6,3 6,3 0,8
Durable goods 1,3 0,2 -0,1 -4,0
Other consumer goods 13,9 9,3 8,5 2,7
Special indices:        
10-11 Food industry 7,9 2,3 1,6 0,8
13-15 Textile, clothing and leather industry 1,2 -5,0 -4,6 -1,0
16-17 Forest industry 13,5 -1,3 -1,3 -0,3
19-22 Chemical industry 13,7 12,7 12,7 6,8
24-30 Metal industry 38,1 7,7 6,2 0,7
26-27 Electrical and electronics industry 12,6 5,1 5,1 -1,8
25,28-30,33 Machinery and metal product industry 25,2 6,1 4,5 0,9
29-30 Manufacture of transport equipment 2,7 50,5 50,5 13,8

Source: Volume Index of Industrial Output 2017, May. Statistics Finland

Inquiries: Kari Rautio 029 551 2479, Maarit Mäkelä 029 551 3324, volyymi.indeksi@stat.fi

Deputy director in charge: Sami Saarikivi


Updated 10.7.2017

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. May 2017, Industrial output grew by 4.2 per cent in May year-on year . Helsinki: Statistics Finland [referred: 19.3.2024].
Access method: http://www.stat.fi/til/ttvi/2017/05/ttvi_2017_05_2017-07-10_kat_001_en.html