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Tue, 11 Nov, 2014 12:04:53 AM FTimes Report, Nov. 11  Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008. Source: Volume Index of Industrial Output 2014, September. Statistics Finland. The total industrial output adjusted for working days have decreased by 1.6 per cent in September this year compared to corresponding period in the last year.
According to the Statistics Finland, in the January to September period, the industrial output adjusted for working days went down by 3.7 per cent compared with the corresponding period in 2013. Original industrial output grew by 1.3 per cent year-on-year in September.
The production of investment goods also made upturn in September.
Seasonally adjusted change in total industrial output (BCDE) from previous month, %, TOL 2008. Source: Volume Index of Industrial Output 2014, September. Statistics Finland. Seasonally adjusted output grew in September by 0.7 per cent compared with the previous month. In August, seasonally adjusted output fell by 0.7 per cent. In July, seasonally adjusted output increased by 0.7 per cent from the previous month.
Industrial output diminished in several main industries. Mining and quarrying has declined most, by good 20 per cent. In the chemical industry, output decreased by 5.5 per cent from the previous year.
Output in the metal industry went up 3.3 per cent in September. Working day adjusted output in the metal industry last grew compared to the year before at the end of last year.
Working day adjusted change in industrial output by industry 9/2013-9/2014, %, TOL 2008. Source: Volume Index of Industrial Output 2014, September. Statistics Finland. Capacity utilisation rate in manufacturing (C) was 80.7 per cent in September, which was on level with one year earlier. In the forest industry, capacity utilisation rate was 83.8 per cent in September, or 0.6 percentage points lower than in September 2013.
In the metal industry, capacity utilisation rate was 83.4 per cent in September, which was 2.8 percentage points higher than one year earlier.
Revised data for September 2014 will be published on 10 December this year in connection with the release of industrial output data for the month of October.
The revision is influenced by the estimation used in the latest release, which concerns the periodic tax return data used for enterprises with fewer than 50 employees.
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| Tuesday, 14 May, 2024 |
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