Industrial output decreased by 1.1 per cent year-on-year in January

According to Statistics Finland, seasonally adjusted industrial output was 1.1 per cent lower in January 2007 than one year previously. The growth in industrial output which continued all of last year stalled in January.

Seasonally adjusted change in industrial output from corresponding month of previous year, %

Output fell in several main industries in January. The largest decrease, nearly 8 per cent, was in the manufacture of electrical and electronic products. In the metal industry, output decreased by nearly 6 per cent. In January, output started to decrease also in the chemical industry, where it fell by good 4 per cent. In contrast, growth in energy supply continued also in January. It grew by just under three per cent.

Seasonally adjusted change in industrial output 1/2006-1/2007, %

Industrial output decreased by 3.6 per cent in January from December

According to Statistics Finland, seasonally adjusted industrial output was 3.6 per cent lower in January 2007 than in December 2006.

Seasonally adjusted change in industrial output from previous month, %

Revised data for January 2007 will be published at 9 am on 30.3.2007 in connection with the industrial output data for February 2007. Because of the method used, seasonally adjusted figures for previous months may change even if the original figures do not become revised. The seasonally adjusted figures will also be adjusted for working days.

Source: Volume Index of Industrial Output 2007, January. Statistics Finland

Inquiries: Mr Kari Rautio +358 9 1734 2479, volyymi.indeksi@stat.fi

Director in charge: Ms Hannele Orjala

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Last updated 28.2.2007

Referencing instructions:

Official Statistics of Finland (OSF): Volume index of industrial output [e-publication].
ISSN=1798-9272. January 2007. Helsinki: Statistics Finland [referred: 26.11.2024].
Access method: http://www.stat.fi/til/ttvi/2007/01/ttvi_2007_01_2007-02-28_tie_001_en.html