Home > Statistics > New orders in manufacturing > 2010 > February > New orders in manufacturing grew by 11.7 per cent year-on-year in February

Published: 9 April 2010

New orders in manufacturing grew by 11.7 per cent year-on-year in February

According to Statistics Finland, the value of new orders in manufacturing was 11.7 per cent higher in February 2010 than in February 2009. The drop in new manufacturing orders in January turned to strong growth in February. However, it should be noted that in the comparison month of February 2009 new orders in manufacturing declined by good 42 per cent.

Change in new orders in manufacturing from corresponding month of the previous year (original series), % (TOL 2008)

New orders in manufacturing increased in all main industries in February. The value of new orders grew by 17.2 per cent year-on-year in the paper industry. In the metal and chemical industries new orders went up by around 10 per cent.

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 2/2009-2/2010 (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, February. Statistics Finland

Inquiries: Kari Rautio (09) 1734 2479, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

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Updated 9.4.2010