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Industrial output grew by 9.2 per cent in July

According to Statistics Finland, output of total industries adjusted for working days was 9.2 per cent higher in July 2010 than twelve months earlier. Seasonally adjusted output fell by 3.3 per cent in July relative to the month before.

Adjusted for working days, industrial output grew by 7.9 per cent from one year back in July. In the manufacture of basic metals output went up by as much as 35.8 per cent in July. Output in the manufacture of paper products grew by 21.3 per cent from twelve months back. Output of sawn timber adjusted for working days was in July 19.1 per cent up year-on-year. The manufacture of motor vehicles grew by 26.7 per cent in July. Output declined most, or by close on 40 per cent, in the building of ships and boats.

Table 1. Volume index of industrial output, value added, original, working day adjusted, seasonally adjusted change percentage

	Value added share	Original change percentage, 2010 JUL / 2009 JUL	Working day adj. change percentage, 2010 JUL / 2009 JUL	Seasonal adj. change percentage, 2010 JUL / 2010 JUN
Industry (Tol 2008)
Total industries	100,0	7,3	9,2	-3,3
B Mining and quarrying	1,3	19,3	19,7	27,7
C Manufacturing	86,1	6,4	7,9	-4,1
10 Manufacture of food products	5,0	-3,4	-2,0	-2,2
11 Manufacture of beverages	0,9	-0,8	-0,8	-1,7
13 Manufacture of textiles	0,6	22,6	22,6	5,0
14 Manufacture of wearing apparel	0,4	3,3	6,4	-1,8
15 Manufacture of leather and related products	0,2	42,9	76,1	-1,0
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	4,6	15,4	19,1	-0,0
17 Manufacture of paper and paper products	8,3	21,7	21,3	-2,3
18 Printing and reproduction of recorded media	1,8	7,1	10,1	0,9
23 Manufacture of other non-metallic mineral products	3,2	-2,1	-0,3	-5,7
24 Manufacture of basic metals	6,1	34,2	35,8	-4,8
25 Manufacture of fabricated metal products, except machinery and equipment	7,8	11,4	13,8	-1,6
28 Manufacture of machinery and equipment n.e.c.	9,7	5,9	8,3	-2,4
29 Manufacture of motor vehicles, trailers and semi-trailers	1,2	17,2	26,7	33,4
30 Manufacture of other transport equipment	1,2	-40,6	-39,5	-20,1
31 Manufacture of furniture	1,2	1,3	4,7	2,4
32 Other manufacturing	1,1	-8,5	-5,4	1,6
33 Repair and installation of machinery and equipment	3,0	0,1	0,9	-2,0
D Electricity, gas, steam and air conditioning supply	11,6	13,2	13,3	1,4
E Water supply; sewerage, waste management and remediation activities	1,1	10,2	11,4	4,4
36 Water collection, treatment and supply	0,8	10,2	10,5	7,5
Main industrial groupings:
Raw materials and productive goods	38,6	17,0	17,0	-1,7
Investment goods	34,2	-0,7	1,4	-5,5
Durable goods	1,5	-0,3	4,5	4,4
Other consumer goods	10,5	-0,7	2,8	-3,7
Special indices:
10-11 Food industry	5,9	-2,9	-1,6	-2,7
13-15 Textile, clothing and leather industry	1,3	15,9	27,1	6,4
16-17 Forest industry	12,8	19,7	20,0	-2,5
19-22 Chemical industry	10,6	1,9	1,9	-7,0
24-30 Metal industry	45,1	6,5	8,0	-5,4
26-27 Electrical and electronics industry	19,2	-1,0	-0,9	-8,0
25,28-30,33 Machinery and metal product industry	22,8	5,2	7,1	-3,1
29-30 Manufacture of transport equipment	2,4	-15,7	-12,4	7,4

Source: Volume Index of Industrial Output 2010, July. Statistics Finland

Inquiries: Kari Rautio (09) 1734 2479, Jukka Appelqvist (09) 1734 3391, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

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Updated 10.9.2010