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Industrial output grew by 11.3 per cent in October

According to Statistics Finland, output of total industries adjusted for working days was 11.3 per cent higher in October 2010 than twelve months earlier. In October, seasonally adjusted output went up by 1.5 per cent relative to September.

Adjusted for working days, industrial output grew by 12 per cent from one year back in October. In the manufacture of basic metals, output went up by 17.2 per cent in October. Thirty-two per cent more machinery and equipment were produced than one year earlier. Output of sawn timber adjusted for working days was 4.2 per cent up year-on-year in October. Output decreased most, or by nearly 24 per cent, in the manufacture of other transport equipment. Adjusted for working days, output of paper products also fell by 2.8 per cent year-on-year in October.

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

	Value added share	Original change percentage, 2010 OCT / 2009 OCT	Working day adj. change percentage, 2010 OCT / 2009 OCT	Seasonal adj. change percentage, 2010 OCT / 2010 SEP
Industry (Tol 2008)
Total industries	100,0	9,0	11,3	1,5
B Mining and quarrying	1,6	29,0	30,6	-12,7
C Manufacturing	83,6	9,3	12,0	2,0
10 Manufacture of food products	7,4	-2,6	1,5	-1,2
11 Manufacture of beverages	1,3	-5,7	-5,7	-3,2
13 Manufacture of textiles	0,7	22,2	22,2	2,4
14 Manufacture of wearing apparel	0,4	10,8	14,1	0,8
15 Manufacture of leather and related products	0,2	30,9	30,9	-5,2
16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials	3,3	0,2	4,2	-4,3
17 Manufacture of paper and paper products	7,5	-2,4	-2,8	-0,2
18 Printing and reproduction of recorded media	2,2	-0,5	-0,3	0,8
23 Manufacture of other non-metallic mineral products	3,0	18,4	21,3	-2,1
24 Manufacture of basic metals	2,1	17,1	17,2	-2,6
25 Manufacture of fabricated metal products, except machinery and equipment	8,6	18,5	18,5	4,6
28 Manufacture of machinery and equipment n.e.c.	11,3	29,0	32,0	5,8
29 Manufacture of motor vehicles, trailers and semi-trailers	1,1	12,6	16,4	9,5
30 Manufacture of other transport equipment	1,4	-23,8	-23,8	-0,2
31 Manufacture of furniture	1,3	9,4	14,2	0,3
32 Other manufacturing	0,9	11,7	11,7	0,3
33 Repair and installation of machinery and equipment	3,9	1,9	2,8	-3,8
D Electricity, gas, steam and air conditioning supply	12,4	5,5	5,6	2,7
E Water supply; sewerage, waste management and remediation activities	2,3	1,9	3,7	-1,8
36 Water collection, treatment and supply	0,7	2,4	2,4	-2,1
Main industrial groupings:
Raw materials and productive goods	34,6	7,5	9,5	-2,2
Investment goods	31,1	11,8	14,6	4,1
Durable goods	1,7	10,3	17,0	-0,0
Other consumer goods	14,9	8,9	12,0	3,9
Special indices:
10-11 Food industry	8,7	-3,0	1,0	-1,2
13-15 Textile, clothing and leather industry	1,3	20,0	20,0	3,5
16-17 Forest industry	10,7	-1,6	-1,1	-1,7
19-22 Chemical industry	13,1	14,8	14,8	1,1
24-30 Metal industry	38,5	14,0	16,8	3,0
26-27 Electrical and electronics industry	13,9	3,5	7,6	1,8
25,28-30,33 Machinery and metal product industry	26,2	17,4	20,9	3,4
29-30 Manufacture of transport equipment	2,5	-8,0	-8,0	-0,5

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

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

Director in charge: Hannele Orjala

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Updated 10.12.2010