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24344
Slight increase in manufacturing
statistikk
2000-10-06T10:00:00.000Z
Energy and manufacturing;National accounts and business cycles;Energy and manufacturing
en
pii, Index of industrial production, industrial production, volume indicator, intermediate goods, capital goods, consumer goods, energy goodsEnergy , Oil and gas , Business cycles , Manufacturing, mining and quarrying , National accounts and business cycles, Energy and manufacturing
false

Index of industrial production, August 2000

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Slight increase in manufacturing

Manufacturing output increased slightly in August 2000 when compared with July. Still the weekly-adjusted figures showed a lower activity in August than in the corresponding month last year.

The increase in manufacturing output can be explained partly by a higher activity level in some engineering sectors. The fabricated metal production also showed an increase in August this year compared to the same period last year. However, most of the manufacturing sectors showed a lower output compared to August 1999, and the output declined by 3.2 percent. The sectors contributing the most to this downturn are the manufacture of food products, beverages, tobacco, and the publishing and printing.

Energy goods

The total industrial output fell by 2.3 percent in August. It is mostly due to a reduction in oil and gas extraction production. In part of August there has been production stop in some oil fields. The electricity and gas production was substantially higher in August than the same month last year.

Monthly Index of production. August 2000. Changes in per cent
  Adjusted to the length of month1 Seasonally adjusted
  August 1999-
August 2000 		January-August 1999-
January-August 2000 		July-August 2000 Last three months
The overall index 1,0 3,6 -2,3 -0,8
         
Oil and Gas Extraction 2,9 6,8 -4,3 -0,2
Manufacturing -3,2 -2,8 0,6 -1,8
Electricity, Gas and Steam Supply 13,1 18,6 -0,1 0,8
         
Main industrial groupings        
Intermediate goods 0,1 -2,0 0,4 0,3
Capital goods -6,0 -5,5 3,6 -0,9
Consumer goods -6,1 -1,9 1,2 -5,1
Energy goods 3,9 7,9 -2,9 0,3
1  Recalculated to standard month and adjusted for different number of working days per week.