Home > Statistics > New orders in manufacturing > 2013 > October > New orders in manufacturing decreased by 3.4 per cent year-on-year in October

Published: 10 December 2013

New orders in manufacturing decreased by 3.4 per cent year-on-year in October

According to Statistics Finland, the value of new orders in manufacturing was 3.4 per cent lower in October 2013 than twelve months earlier. In the January to October period, new orders decreased by 5.8 per cent year-on-year.

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

Of the examined main industries, new orders decreased most in the textile industry, where new orders went down by 16.6 per cent from the previous year. In the metal industry the drop was 5.8 per cent, and in the industry of the manufacture of paper and paper board products 2.6 per cent compared to October 2012. In the chemical industry the number of new orders increased by 6.8 per cent.

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 10/2012-10/2013 (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 400 to 450 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 2010 (2010=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 2013, October. 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) (10.12.2013)

Figures

• Appendix figure 1. New orders in manufacturing, trend series by industry (TOL 2008) (10.12.2013)

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Updated 10.12.2013