Industrial output slides in Sept, ups year-on-year

Seasonally adjusted industrial output (TOL BCD) fell by 1.2 per cent in September from the month before.

According to Statistics Finland, industrial output adjusted for working days was 0.3 per cent higher in September 2019 compared to September 2018.

Adjusted for working days, industrial output went up by 2.4 per cent in January to September from one year back.

Examined by main industry, seasonally adjusted industrial output grew in September only in the industry of mining and quarrying, by 8.5 per cent.

Output decreased in all other main industries from the month before. The drop was heaviest in the chemical industry, by 1.0 per cent, in the electrical and electronics industry, by 1.7 per cent, and in the food industry, by 2.1 per cent.