Industrial output grows in July

Seasonally adjusted industrial output (TOL BCD) grew by 1.0 per cent in July from the month before, according to Statistics Finland.

The industrial output adjusted for working days was 5.0 per cent higher in July 2021 than in July 2020.

Examined by main industry, seasonally adjusted industrial output grew most in July in the industry of mining and quarrying, by 4.0 per cent from the previous month.

In the food industry, output grew by 1.3 per cent and in the metal industry by 0.9 per cent compared to June. Output fell in the other main industries.

Output in the electrical and electronics industry decreased by 3.5 per cent and in the chemical industry by 0.7 per cent from the month before.

Compared to one year ago, output increased again most in the forest industry, by 10.6 per cent. Output grew by 10.4 per cent in mining and quarrying, by 7.5 per cent in the metal industry and by 6.9 per cent in the food industry compared to July 2020.

Output fell from the previous year in the industries of electricity, gas, steam and air conditioning supply, by 4.0 per cent, in the electrical and electronics industry, by 3.1 per cent, and in the chemical industry by 2.2 per cent.