Published: 6 June 2008
According to Statistics Finland, the volume of new orders in manufacturing was 2.4 per cent lower in April 2008 than in April 2007. However, in the January to April period new orders in manufacturing increased by 4.4 per cent from twelve months back.
Change in new orders in manufacturing from corresponding month of the previous year (original series), %
New orders increased most, or by 25.6 per cent, in the textile industry. In the chemical industry, new orders grew by 11.6 per cent, and in the manufacture of pulp, paper and paper products by 11.1 per cent. By contrast, new orders decreased by 9.3 per cent in the metal industry. However, these statistics typically show strong fluctuations as new orders are not examined over extended time periods but for the statistical reference month only.
Change in new orders in manufacturing 04/2007-04/2008
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 annually 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 2008, April. Statistics Finland
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