HELSINKI: Output of total industries adjusted for working days was 1.1 per cent lower in June 2015 compared to the corresponding period of last year, according to Statistics Finland.
The industrial output declined by 3.4 per cent year-on-year during January to June. Original output grew by 1.7 per cent from one year back in June. Seasonally adjusted output grew in June by 1.2 per cent compared with the previous month. In May, seasonally adjusted output fell by one per cent from April. In April, seasonally adjusted output increased by 0.1 per cent from the previous month.
Industrial output went up in a few main industries in June, the data show. The output rose most, by 10 per cent, in electricity production. In the chemical industry, it grew by 4.6 per cent. Output also grew slightly in the forest industry in June. Mining and quarrying declined most in June, by nearly 35 per cent. This was mostly due to the rainy June, which hampered the production of peat.
In June, capacity utilisation rate in manufacturing (C) was 80.4 per cent, or 0.2 percentage points higher than one year earlier. In the forest industry, capacity utilisation rate was 86 per cent in June, or 4.1 percentage points higher than in June 2014, according to the statistics. In the metal industry, capacity utilisation rate was 82.4 per cent in June, which was 1.6 percentage points higher than one year earlier.
