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Fri, 11 Sep, 2015 12:09:01 AM FTimes Report, Sep 11  Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008. Source: Volume Index of Industrial Output 2015, July. Statistics Finland. Output of total industries adjusted for working days was 1.3 per cent lower year-on-year in July 2015, according to Statistics Finland.
During January to July, industrial output declined by three per cent year-on-year.
Industrial output adjusted for working days has decreased continuously year-on-year since January 2013, the data show.
Seasonally adjusted output fell in July by 0.3 per cent compared with the previous month.
Seasonally adjusted change in total industrial output (BCDE) from previous month, %, TOL 2008. Source: Volume Index of Industrial Output 2015, July. Statistics Finland. In June, seasonally adjusted output grew by 1.3 per cent from May. Seasonally adjusted output decreased by 0.8 per cent month-on-month in May.
Industrial output diminished in most main industries in July. Output declined most by 55 per cent, in mining and quarrying, mainly due to a rainy early summer that made peat production difficult.
The electrical and electronics industry output decreased by 8.5 per cent. In the chemical industry, it diminished by 1.5 per cent. In the metal industry, the output diminished by 0.1 per cent in July from one year ago.
Working day adjusted change in industrial output by industry 7/2014-7/2015, %, TOL 2008. Source: Volume Index of Industrial Output 2015, July. Statistics Finland. In July, capacity utilisation rate in manufacturing was 74 per cent or 0.1 percentage points lower than one year earlier. In the forest industry, it was 83.8 per cent in July, or 4.2 percentage points higher than in July 2014.
In the metal industry, capacity utilisation rate was 72.8 per cent in July, which was on level with one year before.
Revised data for July 2015 will be published at 9 am on 9 October 2015 in connection with the release of industrial output data for August 2015.
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