Published: 12 March 2010
According to Statistics Finland, the value of new orders in manufacturing was 5.5 per cent lower in January 2010 than in January 2009. The growth of new orders having continued for two months halted in January.
Change in new orders in manufacturing from corresponding month of the previous year (original series), % (TOL 2008)
The growth of new orders in manufacturing that started in last year’s November stopped in January. The value of new orders in the metal industry dropped in January by nearly 19 per cent year-on-year. Although the other main industries grew further, new orders in the manufacturing industry dropped by 5.5 per cent. New orders in the paper and chemical industry grew in January by good 18 per cent from the previous year.
These statistics should be examined bearing in mind that they typically show strong monthly fluctuations because even new orders of high value are not examined over extended time periods but for the statistical reference month only.
Change in new orders in manufacturing 1/2009-1/2010 (TOL 2008)
The index of new orders in manufacturing describes development in the value of new orders received by enterprises for commodities and services that are meant to be produced by establishments located in Finland. These statistics are based on non-probability sampling, in which the basic observation unit is an enterprise or a kind-of-activity unit. The sample comprises monthly approximately 400 to 430 enterprises or their kind-of-activity units. Index point figures and annual change percentages are published monthly for five industry categories. The time series start from January 2005 and their base year is 2005 (2005=100). A detailed description of the statistics and the calculation method are included in the quality description on the home page of the statistics.
Source: New orders in manufacturing 2010, January. Statistics Finland
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