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Latest publication: Trend Indicator of Output 2022, January

Published: 5 November 2013

Output of the national economy decreased in August 2013

Seasonally adjusted output went down by 0.1 per cent in August from the month before. Adjusted for working days, output fell by 0.5 per cent from the level of the previous year. August 2013 had one working day fewer than the corresponding month of the previous year. According to revised data, working-day adjusted output in July decreased by 0.5 per cent (previously -0.2 per cent) from July 2012.

Volume of total output 2005 – 2013, trend and seasonally adjusted series

Volume of total output 2005 – 2013, trend and seasonally adjusted series

The series of the Trend Indicator of Output are seasonally adjusted with the Tramo/Seats method. The latest observations of the series adjusted for seasonal and random variation (seasonally adjusted and trend series) become revised with new observations in seasonal adjustment methods. Revisions especially at turning points of economic trends may be significant, which should be taken into consideration when using seasonally adjusted and trend data. Information on seasonal adjustment method: http://www.tilastokeskus.fi/til/tramo_seats_en.html

Working day adjusted change of total output from previous year’s corresponding month, %

Working day adjusted change of total output from previous year’s corresponding month, %

Services diminished by close on one per cent and secondary production by good one per cent from one year back. Primary production went up by five per cent from August 2012.

Secondary production includes manufacturing and construction. Services comprise trade, hotel and restaurant activities, transport and business activities, as well as real estate, renting and research services, financial intermediation and insurance, and public services. Primary production refers to agriculture, forestry and fishing.


Source: Trend Indicator of Output 2013, August, Statistics Finland

Inquiries: Veli-Pekka Karvinen 09 1734 2667, Samu Hakala 09 1734 3756, kansantalous.suhdanteet@stat.fi

Director in charge: Leena Storgårds

Publication in pdf-format (193.9 kB)

Tables

Tables in databases

Revisions in these statistics

Updated 5.11.2013

Referencing instructions:

Official Statistics of Finland (OSF): Trend Indicator of Output [e-publication].
ISSN=1798-5439. August 2013. Helsinki: Statistics Finland [referred: 17.8.2022].
Access method: http://www.stat.fi/til/ktkk/2013/08/ktkk_2013_08_2013-11-05_tie_001_en.html