Turnover in manufacturing down by 4% Nov-Jan | business

Sun, 19 Apr, 2015 12:09:25 AM

Turnover in manufacturing down by 4% Nov-Jan

FTimes Report, April 19

Three months' year-on-year change in turnover in manufacturing (C) sub-industries (TOL 2008). Source: Index of turnover in industry 2015, January, Statistics Finland.

Turnover in manufacturing in the November 2014 to January 2015 period was nearly four per cent lower than in the corresponding period of the year before, according to Statistics Finland.

Domestic sales contracted by 5.6 per cent and export turnover by 2.8 per cent from one year ago.

Turnover went down from the corresponding period of the previous year in all manufacturing sub-industries.

Three months' year-on-year change in turnover in main industrial categories (TOL 2008). Source: Index of turnover in industry 2015, January, Statistics Finland.

Turnover contracted most in the chemical industry, by 13.1 per cent, in the electrical and electronics industry by 9.0 per cent, and in the textile, clothing and leather industry by 6.9 per cent.

The turnover in the metal industry decreased least, by 1.3 per cent. The turnover of the main categories of other industries also declined.

The turnover in electricity, gas, steam and air conditioning supply contracted by 2.1 per cent, in water supply, sewerage, waste management and remediation activities by 2.4 per cent, and in mining and quarrying activities by 8.2 per cent year-on-year.

Finland Times