Home > Statistics > New orders in manufacturing > 2011 > December > New orders in manufacturing decreased by 16.6 per cent year-on-year in December

Published: 10 February 2012

New orders in manufacturing decreased by 16.6 per cent year-on-year in December

According to Statistics Finland, the value of new orders in manufacturing was 16.6 per cent lower in December 2011 than twelve months earlier. December 2010 was very strong particularly as concerns orders in the metal industry and it partly explains the decrease in new orders in manufacturing in December. In 2011, new orders increased by 9.7 per cent from 2010.

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

Among the examined main industries, the textile industry grew by 21.9 per cent and the chemical industry by 15.6 per cent. Orders went down by 12.3 per cent in the manufacture of paper, and paper and board products and by 22.8 per cent in the metal industry.

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.

Change in new orders in manufacturing 12/2010-12/2011 (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 2011, December. Statistics Finland

Inquiries: Eetu Toivanen 09 1734 3331, Kari Rautio 09 1734 2479, volyymi.indeksi@stat.fi

Director in charge: Hannele Orjala

Publication in pdf-format (243.4 kB)

Tables

Appendix tables

• Appendix table 1. Three-month moving change, cumulative change and change in the latest month, year-on-year, % (TOL 2008) (10.2.2012)

Figures

• Appendix figure 1. New orders in manufacturing, trend series by industry (TOL 2008) (10.2.2012)

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Updated 10.2.2012