New orders in manufacturing decreased by 5.7 per cent year-on-year in August 2024

Release related to topics:Enterprises
release | New orders in manufacturing 2024, August

According to Statistics Finland, the value of new orders in manufacturing was 5.7 per cent lower in August 2024 than twelve months earlier. During January to August, new orders received by enterprises decreased by 6.1 per cent from the year before.

Key selections

  • New orders decreased in August 2024 in all examined main industries of manufacturing.
  • The value of orders fell least in the metal industry.

Changes in the examined main industries

In August 2024, enterprises in all examined main industries received fewer orders than twelve months ago. The value of new orders in the metal industry was 2.5 per cent lower than one year earlier. In the industry of the manufacture of paper, and paper and board products, orders declined by 10.5 per cent and in the chemical industry by 13.3 per cent from one year ago.

When interpreting these statistics, it should be borne in mind that they typically show strong fluctuations by month. Even new orders of substantial value are not examined over extended time periods but for the statistical reference month only.

Figures

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New orders in manufacturing, trend series (2021=100) by industry (TOL 2008) in 2005M01 to 2024M08

Year-on-year change in new orders in manufacturing by industry (TOL2008) in 2022M08 to 2024M08 (original series)

Tables

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Change in the latest month, cumulative change and change by three-month period, year-on-year (original series), % (TOL 2008)

Database tables

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Updated database tables
Classifications used:
  • Standard Industrial Classification (TOL 2008)
Reference period cycle:
month
Updating frequency:
month
Updated:
Classifications used:
  • Standard Industrial Classification (TOL 2008)
  • Revision
Reference period cycle:
month
Updating frequency:
month
Updated:

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

New orders in manufacturing [online publication].
Reference period: 2024, August. ISSN=1798-6737. Helsinki: Statistics Finland [Referenced: 16.10.2024].
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