Home > Statistics > Volume index of industrial output > 2020 > August > Industrial output decreased by 2.4 per cent year-on-year in August

Industrial output decreased by 2.4 per cent year-on-year in August

According to Statistics Finland, output of total industries (BCD) adjusted for working days was 2.4 per cent lower in August 2020 than in August 2019. Seasonally adjusted output went up by 2.0 per cent in August compared with the month before.

Adjusted for working days, industrial output (C) declined by 1.8 per cent from one year earlier. Seasonally adjusted industrial output grew by 1.3 per cent in August from the month before.

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

Industry (Tol 2008)	Value added share	Original change percentage, 2020 AUG / 2019 AUG	Working day adj. change percentage, 2020 AUG / 2019 AUG	Seasonal adj. change percentage, 2020 AUG / 2020 JUL
B Mining and quarrying	2,5	-26,8	-26,8	4,8
BCD Total industries	100,0	-4,5	-2,4	2,0
C Manufacturing	86,3	-4,1	-1,8	1,3
10 Manufacture of food products	6,3	-5,4	-1,9	-0,4
10-11 Food industry	7,5	-4,5	-1,0	0,2
11 Manufacture of beverages	1,1	0,7	4,3	4,0
13 Manufacture of textiles	0,5	30,4	34,3	12,6
13-15 Textile, clothing and leather industy	1,1	4,3	8,9	6,5
14 Manufacture of wearing apparel	0,3	-13,6	-10,5	-4,3
15 Manufacture of leather and related products	0,2	-12,8	-8,1	2,3
16 Manufacture of wood and of products of wood and cork, except furniture: Manufacture of articles of straw and plaiting materials	3,8	-5,8	-2,4	0,4
16-17 Forest industry	14,5	-11,9	-11,0	-2,2
17 Manufacture of paper and paper products	10,6	-14,0	-14,0	-3,2
18 Printing and reproduction of recorded media	1,1	-18,1	-16,2	-2,9
19-22 Chemical industry	15,9	-4,0	-4,0	-1,0
23 Manufacture of other non-metallic mineral products	3,1	-7,4	-3,9	-2,5
24 Manufacture of basic metals	5,2	-8,2	-6,9	7,1
24-30_33 Metal industry	41,4	-1,2	1,5	4,8
25 Manufacture of fabricated metal products, except machinery and equipment	8,4	-2,5	0,3	1,3
26-27 Electrical and electronics industry	9,6	10,4	13,6	13,4
28 Manufacture of machinery and equipment n.e. .	11,0	2,6	5,6	3,5
29-30 Manufacture of transport equipment	3,0	-28,8	-25,5	-14,3
31 Manufacture of furniture	1,1	-13,0	-9,0	2,4
32 Other manufacturing	0,7	2,1	6,4	1,8
33 Repair and installation of machinery and equipment	4,5	-6,3	-4,5	7,3
C Manufacturing excl. Electrical and electronics industry (26-27)	76,7	-6,2	-4,1	0,4
D Eletricity, gas, steam and air conditioning supply	11,3	0,6	0,6	-4,8
Investment goods	27,0	1,3	3,8	5,7
Durable goods	1,3	-10,7	-6,6	3,1
Raw materials and productive goods	44,2	-8,2	-6,6	-1,6
Other consumer goods	13,3	-4,8	-1,4	4,9

Source: Volume Index of Industrial Output 2020, August. Statistics Finland

Inquiries: Maarit Mäkelä 029 551 3324, Kirsi-Maaria Manninen 029 551 2681, volyymi.indeksi@stat.fi

Head of Department in charge: Mari Ylä-Jarkko

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Updated 9.10.2020