HELSINKI: Finland statics shows that the output of total industries adjusted for working days was 5.1 per cent lower year-on-year in February 2015. The industrial output declined by 4.9 per cent in January to February period compared to the corresponding period of the previous year.
In January, seasonally adjusted output went down by two per cent. Working day adjusted change in total industrial output (BCDE) from corresponding month previous year, %, TOL 2008. Source: Volume Index of Industrial Output 2015, February. Statistics Finland. Seasonally adjusted output decreased by 0.5 per cent month-on-month in December.
Industrial output diminished in all main industries in February. Output declined by most, or by good 18 per cent, in mining and quarrying. The output diminished by 5.3 per cent in the chemical industry. In the metal industry, the output decreased by 4.7 per cent in February, the data show.
Working day adjusted change in industrial output by industry 2/2014-2/2015, %, TOL 2008. Source: Volume Index of Industrial Output 2015, February. Statistics Finland. The capacity utilisation rate in manufacturing (C) was 78.9 per cent, or 0.3 percentage points higher in February than one year earlier. In the forest industry, capacity utilisation rate was 84.3 per cent in February, or 2.9 percentage points lower than in February 2014.