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Published: 12 October 2016

Turnover in manufacturing nearly on level with the year before in May to July

According to Statistics Finland, turnover in manufacturing was 0.3 per cent lower in the May to July period than in the corresponding period of the year before. Domestic sales went down by 0.6 per cent and export turnover by 0.1 per cent from one year ago.

Three months' year-on-year change in turnover in manufacturing (C) sub-industries (TOL 2008)

Three months' year-on-year change in turnover in manufacturing (C) sub-industries (TOL 2008)
Turnover grew slightly in nearly all manufacturing (C) sub-industries from the corresponding period of the previous year. Turnover grew most in the textile, clothing and leather industry, by 3.6 per cent. In other sub-industries, turnover was nearly on level with the year before. The turnover of the chemical industry went up by 0.3 per cent and that of the electrical and electronics industry by 0.2 per cent. Less turnover than in the previous year was generated in the food industry, 0.5 per cent and in the metal industry, 1.6 per cent.

Three months' year-on-year change in turnover in main industrial categories (TOL 2008)

Three months' year-on-year change in turnover in main industrial categories (TOL 2008)
In the main categories of other industries , turnover in mining and quarrying increased by 8.5 per cent. Turnover in water supply, sewerage, waste management and remediation activities decreased by 0.3 per cent and that of electricity, gas, steam and air conditioning supply by 3.0 per cent from one year before.

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 2016, July, Statistics Finland

Inquiries: Maija Sappinen 029 551 3348, Kirsi-Maaria Manninen 029 551 2681, myynti.teollisuus@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 12.10.2016

Referencing instructions:

Official Statistics of Finland (OSF): Index of turnover in industry [e-publication].
ISSN=1798-596X. July 2016. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/tlv/2016/07/tlv_2016_07_2016-10-12_tie_001_en.html