The base year of the statistics on new orders in manufacturing is updated from 2015 to 2021
Date of change:Statistcs: new orders in manufacturing
Information about the change
The statistics are renewed in connection with the publication of data for 2024, when the reference period, the base year, is updated from 2015 to 2021. The new base year is defined in Regulation (No 2019/2152) of the European Parliament and of the Council on European business statistics and it concerns short-term business statistics of all Member States. In future, database tables published with the old base year (2015=100) will no longer be updated.
Changing the base year and the changes made in connection with it have an effect on several statistics on short-term business trends published by Statistics Finland. Further information about the renewal can be found in a joint release.
In connection with updating the base year, the indices are recalculated from the beginning of 2021 using the weight structure of 2021. In this connection, the data may have become revised and the latest changes in the classification data of the Business Register have been taken into consideration. Due to the changed weight structure of the base year 2021=100 and data revisions, the previously published index series and change percentages for 2022 and 2023 may change.