Finland - Capacity Utilization

Finland: Capacity Utilization

Mnemonic	CU.IFIN
Unit	%, NSA
Adjustments	Not Seasonally Adjusted
	Monthly
Data	Dec 2017	81.1
	Nov 2017	83

Series Information

Source	Statistics Finland
Release	Volume index of industrial output
Frequency	Monthly
Start Date	1/31/1995
End Date	12/31/2017

Finland: Business

	Reference	Last	Previous	Units	Frequency
Business Confidence	Jan 2023	-3.6	-7.4	SA	Monthly
Industrial Production	Nov 2022	6,720,000,000	6,640,000,000	2010 USD, NSA	Monthly
Capacity Utilization	Dec 2017	81.1	83	%, NSA	Monthly
Change in Inventories	2017	471,000,000	700,000,000	NCU	Annual
Real Change in Inventories	1970	314,121,900		NCU	Annual

Release Information

Description

For Finland, the volume index of industrial output describes the changes in the volume of industrial output that occur. The index uses fixed prices compared to a specific base period. The index is based on answers to questions that are sent to enterprises or establishments.

Properties

Active:

Classification:
- TOL 2008, the adaptation of NACE Rev. 2.
- Scope: Sections B to D
Measurements:
- Fixed-base volume index relative to 2015 (Vol. Index 2015=100)
- Percent change month-over-month (% M/M)
- Percent change year-over-year (% Y/Y)
Adjustments:
- Working-day adjusted (WDA)
- Seasonally adjusted (SA)
- Not seasonally adjusted (NSA)
Native frequency: Monthly
Start date: As early as 1995m2

Predecessors:

2010=100, sections B to E - 1995 to 2017
2005=100 - 1995 to 2012
2000=100 - 1990 to 2008

Methodology

The data used to create the index are based on a monthly survey. Enterprises and establishments are surveyed mainly asking them for data on output amounts. These enterprises and establishments are sent inquiries monthly. The index ix calculated using a weighted arthmetic average of the ouput. The weights used are considered moving weights meaning that they are updated annually.

The base year of the index is changed every five years and occurs during years ending in 0 and 5 (e.g. 2010 and 2015).