|
Wed, 12 Feb, 2014 12:37:35 AM FTimes Report, February 12  Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008. Source: Statistics Finland. The output of total industries adjusted for working days was 5.2 per cent lower in December 2013 compared to the corresponding period of the previous year and marking a decrease of 3.4 per cent, according to the Statistics Finland.
According to preliminary data, industrial output decreased by around two per cent in 2012 from the year before. The last downtrend in industrial output in two successive years was in 1990 and 1991.
Seasonally adjusted change in total industrial output (BCDE) from previous month, %, TOL 2008. Source: Statistics Finland. In December, seasonally adjusted output fell by 2.2 per cent from November. In November, seasonally adjusted output was 0.9 per cent higher than in October. In October, output decreased by 0.1 per cent from the previous month.
Industrial output diminished in several main industries in December.
Output declined most, by 23.1 per cent, in mining and quarrying. In December, the output in the electrical and electronics industry was 20.1 per cent lower than in December 2012.
In the chemical industry, output was 3.7 per cent down in December 2012. Among main industries, output increased by most, or by 6.2 per cent, in the forest industry.
Output also grew in the food industry in December by 1.7 per cent from a year back.
Working day adjusted change in industrial output by industry 12/2012-12/2013, %, TOL 2008. Source: Statistics Finland. Capacity utilisation rate in manufacturing (C) was 76.3 per cent in December, or 2.3 percentage points higher than one year earlier.
In the forest industry, capacity utilisation rate was 76.7 per cent in December, or four percentage points higher than in December 2012.
In the metal industry, capacity utilisation rate was 77.8 per cent in December, which was 2.2 percentage points higher than one year earlier.
Revised data for December 2013 will be published on March 10 in connection with the release of industrial output data for January 2014.
More News
|
|
Finland Times
| Friday, 03 May, 2024 |
|
Copyright © 2024 All rights reserved
|
||||
