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 Feb 2024 -11.4 -13.9 SA Monthly
Industrial Production Dec 2023 6,840,000,000 6,840,000,000 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

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.

Active:

  • Classification:
    • Taxonomy: TOL 2008, the adaptation of NACE Rev. 2.
    • Scope: Sections B to D
    • Divisions, special aggegates, MIG aggregates
  • Measurements:
    • Fixed-base volume index relative to 2021 (Vol. Index 2021=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 dates:
    • Uniformly 1995m1 for indexes
    • 1995m2 for M/M
    • 1996m1 for Y/Y

Predecessors:

  • 2015=100 - 1995m1 to 2023m12 ("_15")
  • 2010=100, sections B to E - 1995m1 to 2017m12 ("_10")
  • 2005=100 - 1995m1 to 2012m12 ("05")
  • 2000=100 - 1990m1 to 2008m12 ("00")

Global concept aliases:

  • IP.IFIN

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, 2015. and 2021).

  • Sep 2005 - Initial version.
  • Mar 2009 - Rebased from 2000 to 2005.
  • Jun 2013 - Rebased to 2010.
  • Apr 2018 - Rebased to 2015.
  • 12 Mar 2024, Phillip Thorne - Rebased to 2021: Properties, Further reading.