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Turnover in manufacturing grows by 6.7% in December

Published : 17 Feb 2020, 01:37

  DF Report
File Photo Lapland Material Bank by Terhi Tuovinen.

Working day adjusted turnover in manufacturing (TOL BCD) increased in December by 6.7 per cent year-on-year, according to Statistics Finland.

Of the main industries, turnover grew most in the electronic and electrical industry, by 45.4 per cent, and in the metal industry, by 22.2 per cent.

Seasonally adjusted turnover in manufacturing (TOL BCD) grew by 4.0 per cent compared with November.

In December, turnover decreased most in mining and quarrying, by 13.8 per cent, and in the forest industry, by 12.1 per cent from one year before. Turnover in electricity, gas, steam and air conditioning supply also decreased by 8.7 per cent from one year back.

Export turnover adjusted for working days grew in November most in the electronic and electrical industry, by 32.9 per cent year-on-year. Export turnover in the food industry grew by 11.8 per cent and in mining and quarrying by nearly as much, 11.0 per cent from one year before.

Export turnover also increased in the metal industry, by 7.1 per cent and in the chemical industry, by 4.6 per cent. Export turnover decreased in November in two main industries. The export turnover of the forest industry, which has decreased for several months, declined most in November, by 11.8 per cent from the year before. Export turnover in the textiles, wearing apparel and leather industry was 8.3 per cent lower than one year ago.

Domestic turnover decreased in November for most of the main industries. Domestic turnover declined most in the chemical industry, by 14.7 per cent, and in the electronic and electrical industry, by 10.7 per cent from the year before. Domestic turnover in the forest industry decreased by 6.4 per cent. Domestic turnover was growing in mining and quarrying, by 3.8 per cent, and in the food industry, by 2.8 per cent year-on-year.