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Home BUSINESSIndustrial output down by 1.7% in November
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Sat, 09 Jan, 2016 12:05:50 AM
FTimes Report, Jan 9
 
Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008. Source: Volume Index of Industrial Output 2015, November. Statistics Finland.
Output of total industries adjusted for working days was 1.7 per cent lower year-on-year in November 2015, according to Statistics Finland’s data.
 
During January to November, the industrial output declined by 1.6 per cent from the year before.
 
In November, seasonally adjusted output went down by 0.5 per cent from October, the data show.
 
In October, seasonally adjusted output fell by 0.9 per cent from September. In September, seasonally adjusted output grew by 1.1 per cent from the month before.
 
 
The output fell most in the electrical and electronics industry, by 7.8 per cent. In the chemical industry, it decreased by 5.2 per cent from twelve months back.
 
Industrial output went up by 2.5 per cent in the forest industry.
 
Working day adjusted change in industrial output by industry 11/2014-11/2015, %, TOL 2008. Source: Volume Index of Industrial Output 2015, November. Statistics Finland.
In November, capacity utilisation rate in manufacturing was 81.1 per cent, or 1.3 percentage points higher than one year earlier.
 
In the forest industry, capacity utilisation rate was 87.7 per cent in November, or 3.2 percentage points higher than in November 2014.
 
In the metal industry, the capacity utilisation rate was 82.1 per cent in November, or 1.1 percentage points higher than one year earlier as per the statistics.
 
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