Industrial output grows in Nov

Seasonally adjusted industrial output (TOL BCD) grew by 0.6 per cent in November from the month before, according to Statistics Finland.

Industrial output adjusted for working days was 5.4 per cent higher in November 2021 than in November 2020.

Examined by main industry, seasonally adjusted industrial output grew most in November in the metal industry, by 2.7 per cent from the previous month.

Output in the chemical industry went up by 2.0 per cent, in the forest industry by 1.1 per cent and in the electrical and electronics industry by 0.8 per cent compared to October.

In other main industries output was lower than in the month before. Output fell by 3.2 per cent in mining and quarrying, by 1.5 per cent in the food industry and by 1.2 per cent in the industry of electricity, gas, steam and air conditioning supply from one month before.

Output grew in nearly all main industries compared to one year ago. The growth was biggest in the forest industry, by 15.5 per cent, and in the metal industry, by 9.0 per cent compared to November 2020.

The growth was lower in other industries. Output in the industry of electricity, gas, steam and air conditioning supply grew in November by 2.0 per cent, in the food industry by 1.6 per cent and in mining and quarrying by 0.4 per cent from one year ago.

Output in the electrical and electronics industry decreased by 0.6 per cent and in the chemical industry by 5.8 per cent.