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Latest publication: Trend Indicator of Output 2022, January

Published: 10 January 2014

Output of the national economy decreased in October 2013

Seasonally adjusted output decreased by 0.4 per cent in October from the month before. Adjusted for working days, output fell by 0.6 per cent from the level of the previous year. According to revised data, working-day adjusted output went up in September by 0.6 per cent (previously -0.3 per cent) from September 2012. The revision is caused by the benchmarking of the data to quarterly accounts.

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.

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, %

Primary production, secondary production and services decreased by almost one per cent from the year before.

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, October, Statistics Finland

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

Director in charge: Leena Storgårds

Publication in pdf-format (191.9 kB)

Tables

Tables in databases

Revisions in these statistics

Updated 10.1.2014

Referencing instructions:

Official Statistics of Finland (OSF): Trend Indicator of Output [e-publication].
ISSN=1798-5439. October 2013. Helsinki: Statistics Finland [referred: 13.8.2022].
Access method: http://www.stat.fi/til/ktkk/2013/10/ktkk_2013_10_2014-01-10_tie_001_en.html