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Published: 26 April 2012

Turnover in manufacturing grew by good 3 per cent in November to January from the year before

According to Statistics Finland, in the November to January period turnover in manufacturing was 3.5 per cent up on the corresponding period of the year before. In the latest examination period, domestic sales grew by 4.7 per cent and export turnover by 2.6 per cent from one year ago.

Annual change in turnover in selected manufacturing industries during 11/2011–1/2012 and 11/2010–1/2011, % (TOL 2008)

Annual change in turnover in selected manufacturing industries during 11/2011–1/2012 and 11/2010–1/2011, % (TOL 2008)
The sub-industries of manufacturing were evenly divided into both contracted and grown ones. The growth was strongest in the chemical industry (15.5%), in water supply, sewerage, waste management and remediation activities (6.4%) and in the food industry (5.7%). Turnover contracted most in electricity, gas, steam and air conditioning supply (-16.9%) and in the forest industry (-8.8%). Turnover also went down in the textile, clothing and leather industry (-3.2%), in the electronic and electrical industry (-2.3%) and in mining and quarrying (-0.9%).

The index of turnover in industry describes enterprises whose main industry is manufacturing. The calculation of the indices is based on the Tax Administration’s value added tax data which are supplemented with data obtained with Statistics Finland’s sales inquiry. The monthly turnovers of manufacturing enterprises can vary considerably, especially in the metal industries. The variation is mainly due to invoicing practices. The final invoice for major machinery deliveries and projects may be recorded in the sales of one month, even if the delivery had required the work of several months or years.

Source: Index of turnover in industry 2012, January, Statistics Finland

Inquiries: Mira Kuussaari 09 1734 3538, Kirsi-Maaria Manninen 09 1734 2681,

Director in charge: Hannele Orjala

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Updated 26.4.2012

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover in industry [e-publication].
ISSN=1798-596X. January 2012. Helsinki: Statistics Finland [referred: 25.9.2023].
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