Home > Statistics > New orders in manufacturing > 2012 > January > New orders in manufacturing went down by 4.2 per cent year-on-year in January

Published: 9 March 2012

New orders in manufacturing went down by 4.2 per cent year-on-year in January

According to Statistics Finland, the value of new orders in manufacturing was 4.2 per cent lower in January 2012 than twelve months earlier. The fall in new orders has now continued for two months.

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

The decline of new orders in manufacturing continued through January. Among the examined industries, the growth was strongest in the chemical industry, where the value of orders accumulated was in January 17.2 per cent higher than one year previously. In the other main industries orders decreased. Orders went down by 5.0 per cent in the metal industry, by 9.9 per cent in the textile industry and by 11.0 per cent in the manufacture of paper, and paper and board products.

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 1/2011-1/2012 (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, January. 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) (9.3.2012)

Figures

• Appendix figure 1. New orders in manufacturing, trend series by industry (TOL 2008) (9.3.2012)

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Updated 9.3.2012