Industrial Output Fell by 4.8% in January-April 2014

(FINNBAY) – Helsinki, 12 June 2014. Industrial output adjusted for working days fell by 4.8 percent in the January to April 2014 period, compared with the corresponding period in 2013.

Finland Industrial output April 2014Industrial output diminished in several main industries. Production of electricity declined the most, by 16.4 percent. Output in the metal industry fell by 6.1 percent.

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Output increased in the mining and quarrying industry by as much as 30.5 percent, in the food industry by 9.3 percent, and in the chemical industry by 4.4 percent.

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Capacity utilisation rate in manufacturing (C) was 81.2 per cent in April, or 0.3 percentage points lower than one year earlier. Capacity utilisation rate in the forest industry was 85.7 percent in April, or 0.8 percentage points lower than in April 2013. In the metal industry, capacity utilisation rate was 82.5 per cent in April, which was 0.1 percentage points lower than one year earlier.

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